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Karolina [17]
3 years ago
9

Determine the term life insurance amount per thousand on a 23-year-old male for a 5-year policy given that the face value of the

policy is $151,625 and the annual premium is $397.26. Round your answer to the nearest cent.
Mathematics
2 answers:
CaHeK987 [17]3 years ago
6 0

Answer:

$2.62

Step-by-step explanation:

The rate per thousand is ...

... (premium amount)/(number of thousands of face value)

... = $397.26/151.625 ≈ $2.62

klemol [59]3 years ago
3 0

Answer:      

The answer is 2.62

Step-by-step explanation:

Given information is :

The face value of the policy is $151,625

Per thousand this value becomes = \frac{151625}{1000}=151.625

The annual premium is = $397.26

The term life insurance amount per thousand will be =

\frac{397.26}{151.625} = 2.62

Hence, the answer is 2.62.

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Answer:

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Step-by-step explanation:

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An office room is 12 ft by 10 ft with a door that is 30 inches wide. How many feet of baseboard are needed to go around the room
Lina20 [59]
Draw a diagram to illustrate the problem as shown below.
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Also,
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Jo is looking for a new part-time job as a plumber. She responds to a classified ad for a position that pays 44.9K. What would h
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Step-by-step explanation:

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3 years ago
Ron bought 6 tickets to a concert by the orchestra in his town. If he gave the cashier $75 and received $3 in change, how much d
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find the smallest number by which 339 must be multiplied so that the product is a perfect cube. also find the cube root of the p
Murljashka [212]

Answer:

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Step-by-step explanation:

The number 339 can be factored as:

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