Answer:
$3283.2
Step-by-step explanation:
Given data
Principal= $2700
Rate= 4%
Time= 5 years
Required
the final Amount A
The compound interest formula is
A=P(1+r)^t
Substitute
A=2700(1+0.04)^5
A=2700(1.04)^5
A=2700*1.216
A=$3283.2
Hence the balance in the account after 5 years is $3283.2
Term life insurance has the lower premium because term life insurance pays the face value to your beneficiary if you die within a certain set period of time, whereas whole life insurance covers you your entire life. (Option A)
<h3>What is insurance?</h3>
Insurance is when a third-party (the insurer) promises to indemnify another party (the insured) for losses they might suffer in the future in exchange for agreed upon payments.
Permanent life insurance is a type of insurance that provides a coverage that never expires. The person with a permanent life insurance is covered until he or she passes on. Whole life insurance is a type of permanent life insurance that has a fixed and guaranteed premium and a fixed death benefit.
Term life insurance is a type of insurance that provides coverage to a person only for a scheduled period of time. For example, a person who buys a 10 year term life insurance, the person's insurance only lasts for 10 years. If the person passes on within the 10 years, his beneficiary receives payments. If the person passes on after 10 years, his beneficiary does not receive any payments.
To learn more about insurance, please check: brainly.com/question/17548705
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Volume of sphere = 4/3 x pi x r^3
Volume of large sphere:
4/3 x 3.14 x 14^3 = 11488.21 cubic cm
Volume of smaller sphere:
4/3 x 3.14 x 2^3 = 33.49 cubic cm
Number of small spheres = volume of large sphere/ volume of small sphere
11488.21 / 33.49 = 343.03
Round to 343 small spheres
I think you have to divide
2/3 is the correct answer because it’s bigger then a half
