From the given table, the annual premium rate as a percentage of value insured a person at age 35 has to pay is 0.14%.
- The amount more annually a $115,000 10-year term insurance at age 35 cost Bernard than someone of the same age without health issues is option d. <u>$24</u>
Reasons:
The data in the table are presented as follows;
![\begin{tabular}{|c|c|c|}Age&Annual Insurance Premiums (per \$1,000 of face value)&\\&10-Year Term &\\&Male&Female\\35&1.40&1.36\\40&1.64&1.59\\45&2.07&2.01\end{array}\right]](https://tex.z-dn.net/?f=%5Cbegin%7Btabular%7D%7B%7Cc%7Cc%7Cc%7C%7DAge%26Annual%20Insurance%20Premiums%20%28per%20%5C%241%2C000%20of%20face%20value%29%26%5C%5C%2610-Year%20Term%20%26%5C%5C%26Male%26Female%5C%5C35%261.40%261.36%5C%5C40%261.64%261.59%5C%5C45%262.07%262.01%5Cend%7Barray%7D%5Cright%5D)
From the above table, we have that the amount a 35 year old without health issues will pay per $1,000 is $1.40
Therefore, the amount to be paid for $115,000 is 115 × $1.4 = $161
The amount Bernard pays = 15% more = 1.15 × $161 = $185.15
Therefore;
The amount more Bernard has to pay = $185.15 - $161 = $24.15 ≈ <u>$24</u>
Learn more about insurance premiums here:
brainly.com/question/3053945
Answer:
5.74
Step-by-step explanation:
fx=5(x+4)-6
f(19)=5(19+4)-6
19f=5(23)-6
19f=115-6
19f=109
f=109÷19
f=5.74 or 19 14/19
Answer:
For Review: Planning Ahead and Contracts Quick Check... these are the answers...
1) B. Yes, you want to begin saving at least 25 years before you plan to retire
2) D. all of the above
3) $2,341.27 per month realized income
4) Your housing and fixed expenses are $702.38 per month do you want to have a four month emergency fund and save it over a nine month period of time how much do you need to save per month?
Answer #4) $312.17 /month
Step-by-step explanation:
702.38 * 4 = 2,809.52 How much you will need to save for 4 months worth or expenses.
Now divide by 9 because that is how many months you will take to save up...
2,809.52 / 9 = 312.17
Answer) $312.17 per month, for 9 months to save 4 months worth or expenses.
Answer: 6:18
All of the other options are equal to 1:3
