Sonia purchased a whole life insurance policy with an annual premium of $850. In the first year, 45% of
the annual premium is allocated to the insurance component and 55% to the investment component.
The investment earns 3.2% interest, compounded annually. How much will Sonia have in the investment
portion of her policy after the first year? IT

Barbara's piano instructors house is 7 1/8 miles from her house. after biking for 1 3/4 miles she stops to rest how much longer does she need to bike to reach her instructor's house

Trish receives $450 on the first of each month. josh receives $450 on the last day of each month. both trish and josh will receive payments for next four years. at a discount rate of 9.5 percent, what is the difference in the present value of these two sets of payments?

Three friends went on a road trip from phoenix, az, to san diego, ca. mark drove 50 percent of the distance. jason drove 1/8 of the distance. andy drove the remainder of the distance. 1. andy thinks he drove 1/4 of the distance from phoenix, az, to san diego, ca. is andy correct? 2. the distance from phoenix, az, to san diego, ca, is 360 miles. how many miles did each person drive? 3. solve the problem. what is the answer in total?