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larisa86 [58]
3 years ago
13

Susan has purchased a whole life policy with a death benefit of $200,000. Assuming that she dies in 10 years and the average inf

lation has been 3 percent, what is the value of the purchasing power of the proceeds?
Mathematics
1 answer:
Anika [276]3 years ago
5 0

Answer:

Answer is: $148,809.52

Step-by-step explanation:

Susan has purchased a whole life policy with a death benefit of $200,000.

Assuming that she dies in 10 years.

Rate = 3% or 0.03

Future value after 10 years = (1+r)^{n} = (1.03)^{10} = 1.344

Purchasing power of proceeds = \frac{200000}{1.344}= $148,809.52

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Answer: The hook would be 2.2 inches (approximately) above the top of the frame

Step-by-step explanation: Please refer to the picture attached for further details.

The top of the picture frame has been given as 9 inches and a 10 inch ribbon has been attached in order to hang it on a wall. The ribbon at the point of being hung up would be divided into 5 inches on either side (as shown in the picture). The line from the tip/hook down to the frame would divide the length of the frame into two equal lengths, that is 4.5 inches on either side of the hook. This would effectively give us two similar right angled triangles with sides 5 inches, 4.5 inches and a third side yet unknown. That third side is the distance from the hook to the top of the frame. The distance is calculated by using the Pythagoras theorem which states as follows;

AC^2 = AB^2 + BC^2

Where AC is the hypotenuse (longest side) and AB and BC are the other two sides

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25 = 20.25 + BC^2

Subtract 20.25 from both sides of the equation

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Add the square root sign to both sides of the equation

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Rounded up to the nearest tenth, the distance from the hook to the top of the frame will be 2.2 inches

4 0
3 years ago
The bill at a restaurant came to $136.40 the patrons decide to leave a 15% tip what was the total tip including the bill
iogann1982 [59]
Answer: $156.86

Step by Step:

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3 0
3 years ago
How to solve 9x^2+9x+2
Oksana_A [137]

Answer:

factoring: ( 3 x + 1 ) ( 3 x+ 2 )

expressing/equation: 9x²= 81x

81x + 9x + 2=

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Step-by-step explanation:

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3 years ago
Help?What is the value of s? ____ units
arsen [322]

Answer:

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Step-by-step explanation:

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3 years ago
An equation for annealing soda-lime glass is y(t)=−14t+500 , where t is time in minutes and y is the temperature of the glass in
beks73 [17]

An equation for annealing soda-lime glass is y(t)=−14t+500 , where t is time in minutes and y is the temperature of the glass in ˚C.

To find the y intercept , we plug in 0 for t

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4 0
3 years ago
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