Angelo, age 40, is comparing the premium for a $125,000 whole life insurance policy he may take now and the premium for the same policy taken out at age 45. the annual life insurance premium (per $1000 of face value) for a 40-year-old male is 22.60 and for a 45-year-old male is 27.75. what would be the difference in total premium costs over 20 years for this policy at the two age levels? a. $69,375 b. $11,725 c. $12,875 d. $644

Answers

Answer 1

The difference in total premium costs over 20 years at the two age levels is $12875.

What is face value?

Face value is a term used to describe the nominal value of a security, as stated by its issuer.

Let us consider the entire scenario for a 40-year old male.

Annual life insurance premium per 1000 of face value = $22.60

So, the annual life insurance premium for a $125,000 whole life insurance policy = 125000/1000 * 22.60 = $2825.

For 20 years the premium will be = 2825*20 = $56500

Let us consider the entire scenario for a 45-year old male.

Annual life insurance premium per 1000 of face value = $27.75

So, the annual life insurance premium for a $125,000 whole life insurance policy = 125000/1000 * 27.75 = $3468.75

For 20 years the premium will be = 3468.75*20 = $69375

The difference in total premium costs over 20 years = 69375-56500 The difference in total premium costs over 20 years = $12875

Therefore, The difference in total premium costs over 20 years at the two age levels is $12875.

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Answer 2

Answer: c. $12,875

have a lovely day/night everyone <3


Related Questions

Simplify -2√18


Would appreciate an explanation!

Answers

Answer:

-6√2

Step-by-step explanation:

Since the largest square root in 18 is 9 we can separate it out as shown:

√18 = √9√2

We can then solve this out to 3√2

Since we have a negative two on the outside, we would multiply it by 3 ( from the 3√2).

Work:

-2√18

-2√9√2

-2(3)√2

-6√2

Answer:

Step-by-step explanation:

Prime factorize 18

[tex]-2\sqrt{18}=-2*\sqrt{3*3*2}= -2*3\sqrt{2} \\\\ = -6\sqrt{2}[/tex]

Which of this following is an expression

Answers

Answer:

Step-by-step explanation:

expressions dont have an equal sign but they have either a plus, minus, multiplying or dividing sign

A student walks 2 km in 30 minutes. What is the student’s average speed in km/m?

Answers

Answer:

4km per hour

Step-by-step explanation:

3x2 – 7x + 9, when x = 4
A)5
B)29
C)61
D)85

Answers

Answer:

B) 29

Step-by-step explanation:

Plug in 4 for x.

3(4)^2 - 7(4) + 9

3(16) - 28 + 9

48 - 28 + 9

20 + 9

29.

Hope this helps.


What is the length of the diagonal of the rectangle?

Answers

Answer:

21.5

HERE'S YOUR ANSWER....

HOW MUCH WAS IT HELPFUL

PLEASE HELP! I WILL MAKE YOU BRAINLIST!

Answers

The answer is A, because the perimeter in cm is 19 and if we multiply 19 by 6.5 we get 61.75

A family of five went out to dinner at HogTastic Pit BBQ. They all ordered the buffet and drink at $12.80 each. They left a 15% gratuity for the waitress on the after-tax bill. Based on a tax rate of 7.5%, they ended up paying a total of $ for dinner.

Answers

Answer:

$79.12

Step-by-step explanation:

Given the following :

Cost per order = $12.80

Number of people = 5

Gratuity left for waitress = 15%

Tax rate = 7.5%

Total bill before tax:

$12.80 * 5 = $64

Bill after tax:

$64 * (1 + 7.5%)

64 - 4.8

= $68.80

Final amount paid:

After tax bill + (after tax bill * Gratuity rate)

$68.80 + (68.80 * 15%)

= $79.12

(01.02 LC)Simplify 5 − (−1).

Answers

Answer:

Your answer is: 6

Simplify the expression.

6

Step-by-step explanation:

Hope this helped : )

Answer:

6

Step-by-step explanation:

5- (-1), the negative signs will be positive signs, 5 + 1, so we'll get 6.

a. 7
b. 3.5
c. 5
d. 10

Answers

the answer I got was A.7

Answer:

I think with all the savings o will rather go with, a will I make some research

A dad has three sons. He shares an amount of $30,000 among his three sons. One son deposited his amount in a bank that provides him interest at the rate of 7%. The second son deposited his sum in a mutual fund that gave him returns at a rate of 8%. The third son invested his in another bank that provided him an interest rate of 6%. The second sons share is 1000 more than that of the third son. The total interest that they got was $2110. Calculate each person's share if the first sons share is equal the second son and the third son put together.

Answers

Answer:

First son receives $15000

Second son receives $8000

Third son receives $7000.

Step-by-step explanation:

Let first son receive $x and deposit it at 7%

Second son receive $y and deposit in 8%

Third son receive $z and deposit in 6%

Now, let's set up equation using the given information.

The second son share is 1000 more than the third son.

So, we can set up equation as

y= 1000+z

First son share is equal the second son and the third son put together.

So, x=y+z

And we can set up equation for total 30000 as

x+y+z=30000

Plug in y as 1000+z and x as y+z

We get third equation as

y+z+1000+z+z=30000

Plug in again y as 1000+z

It gives,

1000+z+z+1000+z+z=30000

Combine like terms,

2000+4z=30000

Subtract both sides 2000

4z=28000

Divide both sides by 4

z=7000

Now, plug in z as 7000 into y=1000+z to get y =8000

Now, x =y+z plug in the y and z values

x= 8000+7000=15000

Let's check with interest,

15000(7%)+8000(8%)+7000(6%)=2110

1050+640+420= 2110

2110=2110.

Yes! The calculations are correct!

Taylor multiplied 8.25 x 104 and 0.4 x 104 and got 8.65 x 104
Explain Taylor's mistake and give the correct answer. (1 pt. for the explanation and 1 pt. for the correct answer.)

Answers

Answer:

Taylor added. The correct answer is 3.3*10^8

Step-by-step explanation:

Taylor haven't consider the exponents properties and multiplication was also incorrect.

What are exponents?

Exponent refers to how many times a number multiplied by itself.

Given:

8.25 x [tex]10^{4}[/tex] and 0.4 x [tex]10^{4}[/tex]

Now, multiplying by considering exponents as

a^m * a^n = a^( m+ n)

So,

=8.25 * 0.4 * [tex](10) ^{4+4}[/tex]

= 3.3 * [tex]10^8[/tex]

Hence, Taylor haven't consider the exponents properties and multiplication was also incorrect.

Learn more about exponents here:

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Write the equation of a line through point (-5,1) and perpendicular to 2x - 3y = 6.

Answers

Answer:

y = 2/3x - 2

Step-by-step explanation:

Step 1:

y = mx + b       Slope Intercept Form

Step 2:

2x - 3y = 6           Equation

Step 3:

- 3y = - 2x + 6     Subtract 2x on both sides

Step 4:

y = 2/3x - 2           Divide - 3 on both sides

Answer:

y = 2/3x - 2

Hope This Helps :)

The number of users of social media has increased significantly since the year 2001. In fact, the approximate number of users has tripled each year. It was reported that in 2005 there were 3 million users of social media.

a. Assuming that the number of users continues to triple each year, for the next three years, determine the number of users in 2006, 2007, and 2008.



How many users were there in 2006?

Answers

Answer:

9 million

Step-by-step explanation:

3 million × 3 = 9 million

I hope this helps!

The number of users in 2006, 2007, and 2008 will be 9 million, 27 million, and 51 million respectively.

What is a sequence?

It is defined as the systematic way of representing the data that follows a certain rule of arithmetic.

Divergent sequences are those in which the terms never stabilize; instead, they constantly increase or decrease as n approaches infinity, approaching either infinity or -infinity.

It is given that, the approximate number of users has tripled each year and in 2005 there were 3 million users of social media.

The number of users in 2006 = 3 × number of users in 2005]

The number of users in 2006 = 3 × 3 million
The number of users in 2006 = 9 million

The number of users in 2007 = 3 × number of users in 2006

The number of users in 2007 = 3 × 9 million
The number of users in 2007 = 27 million

Thus, the number of users in 2006, 2007, and 2008 will be 9 million, 27 million, and 51 million respectively.

Learn more about the sequence here:

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which expression is equivalent to 2(n-1)-2s(-2n-3)

A) 4sn+6s +2n-2

B)-n-3-4sn+3s

C)2+[tex]s_7[/tex] ×n+6n

D)2+8n+6sn

Answers

The correct answer would be A

What number is 2/3 of 15

Answers

Answer: 10
Explanation: 2/3 of 15 is 10

Step-by-step explanation:

2/3 of 15

2*5(3*5=15)

10

College student makes decorative Styrofoam Lions and Husky's which she sells each year. Each one uses 8 oz of Styrofoam and takes 35 minutes to make. Each husky uses 12 oz of Styrofoam and takes 20 minutes to me. Furthermore, each line brings in a profit of $2.50 while each husky brings in a profit of $3. If she only has 3840 ounces of Styrofoam to work with and has 9650 minutes, how many of each animal should she make in order to maximize profits? What is the maximum profit possible?

Answers

Answer:

She should make 122 Styrofoam lions and 268 Styrofoam Husky's

The maximum profit, she makes is  $1109

Step-by-step explanation:

The given information are;

The volume required to make each lion = 8 oz

The time it takes to make each lion = 35 minutes

The amount of profit each lion brings = $2.50

The volume required to make each Husky = 12 oz

The time it takes to make each Husky = 20 minutes

The amount of profit each Husky brings = $3

Let the number of lion Styrofoam cups she makes = x

Let the number of Husky Styrofoam cups she makes = y

Therefore, we have;

x × 35 + y × 20 = 9650..........(1)

x × 8 + y × 12  = 3840.............(2)

Dividing equation (2) by 8 and making x the subject, we get;

x × 8/8 + y × 12/8  = 3840/8

x + 4/3·y = 480

x = 480 - 4/3·y

Substituting the value of x in equation (1) gives;

(480 - 4/3·y) × 35 + y × 20 = 9650

16800 - 80/3·y = 9650

y = 268.125

x = 480 - 4/3·y  = 480 - 4/3×268.125 = 122.5

Therefore, she can make 122 Styrofoam lions and 268 Styrofoam Husky's

The maximum profit, she makes is therefore given by the following equation;

The maximum profit = 122 × 2.5 + 268 × 3 = $1109.

11=3−4/3x solve for x

Answers

11 = 3 - 4/3x

11 = (9 - 4x)/3

33 = 9 - 4x

24 = -4x

24/4 = - x

x = -6

Which equation represents the unit fraction shown in the diagram? A grid model with 100 squares. 20 squares are shaded. StartFraction 20 Over 100 EndFraction = one-fifth StartFraction 20 Over 100 EndFraction = two-fifths StartFraction 20 Over 100 EndFraction = one-half StartFraction 20 Over 100 EndFraction = StartFraction 1 Over 10 EndFraction

Answers

Answer:

the anserw is c

Step-by-step explanation:

i took the test

View
A tropical species of mite named Archegozetes longisetosus is the record holder for the strongest insect in
the world. It can lift up to 1.182 x 103 times its own weight. If a person who weighed 100 pounds were as
strong as this insect, how much could that person lift? Enter the answer using scientific notation.
Step-b
The person could lift
pounds.
Print

Answers

Answer:

Ummm yeah yeah 123_3

Step-by-step explanation:

1x1+3

What is 3x+4=10 solve for x

Answers

Answer:

x=2

Step-by-step explanation:

3x+4=10

3x=6

x=2

Answer:

x=2

Step-by-step explanation:

3x+4=10

3x=6       by subtracting the 4

x=2         by dividing the 3

A technician is launching an aerial firework from a tower. The height of the firework is measured in feet and the time is measured in seconds. A function that models the fireworks vertical distance with no respect to time,x, is f(x)=-16x^+96x+112 What information does this form of equation give about the firework

Answers

Answer:

The equation gives only the total vertical distance traveled by the firework or maximum height reached by the firework

Step-by-step explanation:

Given;

A function that models the fireworks vertical distance with no respect to time,x, as;

f(x)=-16x^+96x+112

The equation gives only the total vertical distance traveled by the firework, it does not account for the position of the firework at a particular time.

Thus, with the given function we can only estimate the maximum height reached by the firework.

you are going on vacation and leaving your dog in a kennel. kennel a charges $25 per day which includes a one-time grooming treatment. kennel b charges $20 per day and a one-time fee of $30 for grooming. if your vacation is 7 days long, which kennel should you choose? explain.

Answers

Answer:

is this a quiz?

Step-by-step explanation:

What value of 'x' would make lines n and m parallel?

Answers

x=39 because consecutive angles are congruent

True or false: When you multiply or divide an inequality by a negative, you flip the inequality sign
Plz tell me

Answers

Answer:

[tex]\boxed {\tt True}[/tex]

Step-by-step explanation:

This is true. Whenever you divide or multiply an inequality by a negative number, you must flip the inequality sign.

Here is an example:

[tex]-9x>27[/tex]

We have to divide both sides of the inequality by -9. Since it is a negative number, flip the inequality sign.

[tex]\frac{-9x}{-9} <\frac{27}{-9}[/tex]

[tex]x<\frac{27}{-9}[/tex]

[tex]x<-3[/tex]

So, it is true that you must flip the inequality sign when multiplying or dividing by a negative number.

Answer:

true

Step-by-step explanation:

yes true

..............

Half the product of two numbers x and y minus five times a third number z

Answers

Answer: (X times Y) 1/2 - 5 ( Z/3 )

Step-by-step explanation:

One gym has offers. Write out an equation to join and set it equal to your budget. Budget = 275, membership fees = 25 per month, flat discount = 75. How many months of a gym membership I can afford. its for 8th grade so dnt give a very complicated one thx

Answers

Answer:

8 months

Step-by-step explanation:

Given that,

Total budget = 275

Membership fee = 25 per month

Flat discount = 75

We need to find for how many months of gym membership I can afford. The equation will look like :

25x=275-75

25x=200

x = 8 months

Hence, he can afford gym membership for 8 months.

pls help!!!!!!!!!!!!!!

Answers

The answer to this question is 9,898.
You are very welcome

Which number line and expression show how to find the distance from 4 to 1

Answers

Answer:

C.

Step-by-step explanation:

The distance between two numbers on the number line is the absolute value of the difference of the numbers.

The distance between 4 and 1 is

|4 - 1|

Answer: C.

Answer:

c

Step-by-step explanation:

its the proper way

Solve this Proportion. If necessary round to the nearest hundredth:


5/a = 30/54

Answers

a≈2.78

30 x 5 = 150
150/54 ≈ 2.78

Can someone please help me with this problem?

Answers

Answer:

53 - .75x < 50

Step-by-step explanation:

4 + 49 - .75x < 50

53 - .75x < 50

-.75x < -3

x > 4

He needs to remove 5 or more shirts to meet the requirement.

Answer:

53 - .75x < 50

Step-by-step explanation:

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