Answer:
114
Step-by-step explanation:
23 × 5 = 100 + 15 = 115
2 + 115 - 3 = 2 + 112 = 114
A 36 year old male will pay $4.55 per $1,000 for a 10 year policy,
He bought a $150,000 policy:
150,000 / 1000 = 150
Multiply the rate per 1000 by 150:
4.55 x 150 = 682.50
His annual premium is $682.50
<em>Hi there! It is.. 17955, I hope that helps! :) </em>
Answer:
$821
Step-by-step explanation:
A = p (1 + r/n)^nt
Where,
A = future value
P = principal = $500
r = interest rate = 10% = 0.1
n = number of periods = 12
t = time = 5 years
A = p (1 + r/n)^nt
= 500 (1 + 0.1/12)^12*5
= 500 (1 + 0.0083)^60
= 500 (1.0083)^60
= 500 (1.6420)
= 821
A = $821
