Find the 58th term of the following arithmetic sequence. 13, 19, 25, 31,
1 answer:
You might be interested in
Answer:
Step-by-step explanation:
-For a known standard deviation, the sample size for a desired margin of error is calculated using the formula:
Where:
is the standard deviation
is the desired margin of error.
We substitute our given values to calculate the sample size:
Hence, the smallest desired sample size is 23
From the given table, the annual premium rate as a percentage of value insured a person at age 35 has to pay is 0.14%.
- The amount more annually a $115,000 10-year term insurance at age 35 cost Bernard than someone of the same age without health issues is option d. <u>$24</u>
Reasons:
The data in the table are presented as follows;
From the above table, we have that the amount a 35 year old without health issues will pay per $1,000 is $1.40
Therefore, the amount to be paid for $115,000 is 115 × $1.4 = $161
The amount Bernard pays = 15% more = 1.15 × $161 = $185.15
Therefore;
The amount more Bernard has to pay = $185.15 - $161 = $24.15 ≈ <u>$24</u>
Learn more about insurance premiums here: