The answer is 3. -1/2 n + 1 1/2 n add the coefficients to get 1n or just n. then n-n is 0 what is left is 3.
We need to determine the term life insurance amount per thousand on a 22-year-old female for a 5-year policy given that the face value of the policy is $600,000 and the annual premium is $1332.
Since we are supposed to find the term life insurance amount per thousand, therefore, we will use the following formula:
Upon substituting the values of annual premium and face value of insurance, we get:
Therefore, the required life insurance amount is $2.22.
The equation to find the amount of money spent is 27 + 0.05m. This equation, in this case, needs to be larger or equal to 90.70. So our inequality would be:
27 + 0.05m >= 90.70
Now we can solve this equation for m.
27 + 0.05m >= 90.70
0.05m >= 63.70
m >= 1274