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)?
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Answer:
$45.22
Step-by-step explanation:
The number of miles per gallon can be represented by the ratio:
Since we know the unit rate of 26 miles per gallon of gas, we can set up a proportion, or equivalent ratios, to find the number of gallons needed for 420 miles:
, where 'x' is the number of gallons of gas
cross-multiply and divide: 26x = 420 or x ≈ 16.15 gallons
If gas is $2.80 per gallon, take the total number of gallons needed and multiply by $2.80:
16.15 x $2.80 = $45.22