The face value of the largest 20-year term policy which Maria can buy without spending more than $300 annually is $158,000.
<h3>What is face value?</h3>
Face is the term used in finance, is used for the amount which has to be paid to the policyholder at the time of maturity.
Maria, age 28, wants to pay no more than $300 a year in life insurance.
The period for this policy is 20-year term.
Annual life insurance premium (per 1,000 dollars of face value) for age 28.
- A 10-year term for female is 1.28,
- A 15 year term for female is 1.54,
- A 20 year term for female is 1.89,
- A whole life for female is 9.46.
For the 20 year term for female is 1.89 and annular premium is $300. Thus, the face value is,
Thus, the face value of the largest 20-year term policy which Maria can buy without spending more than $300 annually is $158,000.
Learn more about the face value here;
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Answer:
asdop
Step-by-step explanation:
Please send picture of the problem, so I can show you how to do it.
Answer:
<em><u>D. x≥3 </u></em>
Step-by-step explanation:
☜☆☞ given equation..... 3x-1 ≥ 8
<em>–</em><em>»</em><em> </em><em>3x ≥ 8+1</em><em> </em>
<em>–</em><em>»</em><em> </em><em>3x ≥ 9 </em>
<em>–</em><em>»</em><em> </em><em> </em><em>x ≥ 9÷3</em>
<em>–</em><em>»</em><em> </em><em> </em><em>x ≥ 3</em>
Answer:
The graph below models the value of a $20,000 car t years after it was purchased.
Value of Car
A graph titled Value of Car has years bbhvb ngc,jon the x-axis and Dollars on the y-axis. A line curves down and goes through points (0, 20,000), (4, 10,000), and (14, 2,000).
Which statement best describes why the value of the car is a function of the number of years since it was purchased?
Each car value, y, is associated with exactly one time, t.
Each time, t, is associated with exactly one car value, y.
The rate at which the car decreases in value is not constant.
There is no time, t, at which the value of the car is 0.
Step-by-step explanation:
