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Pavlova-9 [17]
3 years ago
7

Marcus has a life insurance policy that will pay his family $35,000 per year if he dies. If interest rates are at 2.5% when the

insurance company has to pay, what is the amount of the lump sum that the insurance company must put into a bank account ?
A. $350,000
B. $3.5 million
C. $1.4 million
D. $1 million
Mathematics
1 answer:
hammer [34]3 years ago
6 0

Answer:

$1.4 million

Step-by-step explanation:

A P E X

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