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Alexus [3.1K]
3 years ago
7

Ten years ago, you purchased a $70,000, 5-year term life insurance policy. At that time you were 30 years old.

Mathematics
1 answer:
Darina [25.2K]3 years ago
4 0

Answer:

a. 14,000

b. 140,000

Step-by-step explanation:

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What is the average cost of 7 articles if 3 of them cost 30k each and the rest cost 12.5k each ​
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{\bold{\red{\huge{\mathbb{QUESTION}}}}}

what is the average cost of 7 articles if 3 of them cost 30k each and the rest cost 12.5k each

\bold{ \red{\star{\blue{GIVEN }}}}

TOTAL NUMBER OF ARTICLE= 7

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\bold{\blue{\star{\red{TO \:  \: FIND}}}}

Average cost of 7 articles

\bold{  \green{ \star{ \orange{FORMULA \:  USED}}}}

\red{AVERAGE  =  \frac{TOTAL \:  COST}{ NUMBER  \: OF\: ARTICLES }}

\huge\mathbb{\red A \pink{N}\purple{S} \blue{W} \orange{ER}}

Average \:  cost  \: of  \: 7  \: articles -  >  \\  \frac{(3 \times 30k) + (12 .5k \times 4)}{7}  \\  \frac{90k + 50k}{7}  \\  \frac{140k}{7}  \\  \blue {Average \:  cost  \: of  \: 7  \: articles -  >} \\ 20k

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