PLEASE HELP! LOVE YOU!
1 answer:
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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 = =
= 1.344
Purchasing power of proceeds = = $148,809.52
Use
y-y1=m(x-x1)
y-(-2)=4(x-1) Now why 4??Because parallel lines have the exact same slope
y+2=4x-4
y=4x-4-2
y=4x-6
Hope it helps!
~Just a teen who listens to music