Please I don't have much time Help me please!!!
2 answers:
You might be interested in
Premium rates are usually for premium per fixed face value. Jade's annual premium for a 10 year policy is given by Option b: $1,202
<h3>How to calculate the total annual premium for $x ?</h3>If its given that the annual premium is $p per $y face value, then we can calculate the annual premium for $1 face value and then use it to calculate annual premium for $x.
Using proportions, we get:
For given case, from the tables, we see that for age 34, and 10 year life insurance for female gender , there is annual premium of 6.01 per $1000 face value.
Thus, we have p = 6.01, y = 1000
Since Jade wants to buy Life insurance for $200,000, thus, x = $200,000
Putting it in the above derived formula, we get:
Thus, Jade's annual premium for a 10 year policy is given by Option b: $1,202
Learn more about calculating annual premium cost here:
Final Answer:
Steps/Reasons/Explanation:
Question: Which expression is equivalent to
<u>Step 1</u>: Expand by distributing terms.
×
×
<u>Step 2</u>: Simplify ×
to
.
×
<u>Step 3</u>: Simplify ×
to
.
<u>Step 4</u>: Remove parentheses and add.
~I hope I helped you :)~