The ratio of inheritance is
.. sister : brother = 1.25 : 1 = 5 : 4
Then the sister receives 5/(5+4) = 5/9 of the total, $550,000.
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The correct answer is: <span>a $100,000 life insurance policy at $0.55 per $1000 per month (more economical)
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Explanation:
(1)<span>a $100,000 life insurance policy at $0.55 per $1000 per month
It means:
$0.55*100*12 = $660 [There are 100 thousands in $100000 and there are 12 months in the year]
(2)</span><span>a $100,000 life insurance policy at $170 per quarter.
It means:
$170*4 = $680 [There are 4 quarters in a year]
As $680 > $660 therefore Option (A) is the economical option.</span>
