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trapecia [35]
2 years ago
6

What is the annual premium for $75,000, 10 year life insurance policy for a 40 year old male (Put answer to two decimal places)?

Mathematics
1 answer:
Anvisha [2.4K]2 years ago
5 0

Answer:

About $437.25

Step-by-step explanation:

Using the table which gives the annual premium per $1000; the premium paid annually by the 40 year old male is $437.23

The total annual premium = $75000

Using the data in the table :

Annual premium per $1000 of coverage for a 40-year old male with a 10 - years life insurance policy = $5.83

The annual premium for $75,000 ;

Premium per $1000 × ($75000/$1000)

Annual premium = $5.83 × ($75,000/1000)

Annual premium = $5.83 × 75 = $437.25

Hence, the annual premium for the lifetime insurance based on the stated conditions is $437.25

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The birth rate of a population is b(t) = 2300e0.021t people per year and the death rate is d(t)= 1450e0.018t people per year, fi
Cerrena [4.2K]

Answer:

38,674.This area represents the increase in population over a 10-year period.

Step-by-step explanation:

When graphed over the interval 0 ≤ t ≤ 10, the birth rate is more than the death rate. This means the area between the two curves is the amount of births subtract the amount of deaths. This results in an area which means the increase of the population.

The birth rate is graphed in green and the death rate is graphed in blue.

To find the area, take the integral of the difference of the functions:

\int\limits^{10}_0 {2300e^{0.021t} - 1450e^{0.018t} } \, dt \\\\\frac{2300e^{0.021t}}{0.021} -  \frac{1450e^{0.018t}}{0.018} \\\\(\frac{2300e^{0.21}}{0.021} -\frac{1450e^{0.18}}{0.018} ) - (\frac{2300}{0.021}- \frac{1450}{0.018} ) \\\\135117.12 - 96442.51 \\\\38,674

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3 years ago
Erin's water bottle holds 665 milliliters.dylan is carrying two water bottles.each one holds 0.35 liters.who is carrying more wa
Alexeev081 [22]
Erin is carrying more water 

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Determine whether the triangle is a right triangle. Explain your reasoning. If it is not a right triangle, determine whether it
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If it's Jose, Brad, and Ed it's an acute triangle, it has no 90 degree angle, if it's Jose, James, and Malcolm it is a right triangle because the line to Jose and Malcolm is straight I think not sure how to explain

Step-by-step explanation:

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2 years ago
While shopping for a speaker, you see a discount.
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3*4. and 0.3*42.00 and 0.03*42

Step-by-step explanation:

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Evaluate x2/y + x2/z , if x = 10, y = -5, and z = -2.
ch4aika [34]
X^2/y + x^2/z =
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100/(-5) + 100/(-2) =
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-70
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3 years ago
Read 2 more answers
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