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3 years ago

14

Sal has a life insurance policy that will pay his family $38,000 per year if he dies. If interest rates are at 4.0% when the ins

urance company has to pay, what is the amount of the lump sum that the insurance company must put into a bank account?

2 answers:

GuDViN [60]3 years ago

6 0

Answer:

Step-by-step explanation:

1.520

galben [10]3 years ago

4 0

Answer:

its 950,000 for apex. hope this helps

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