Mathematics, 22.02.2021 23:30 mar4894
Eva is 29 years old and has 2 children, ages 3 and 5. She makes $48,500 a year. Eva decides to buy a $400,000 10-year term policy and then renew the policy for another ten years afterwards. To renew the policy the insurance company charges an extra 40% to her premium rate. Given the options below, assess whether Eva made a wise decision.
Annual life insurance premium (per 1,000 dollars of face value) for age 29. A 20-year term for male is 7 dollars and 84 cents, and for female is 6 dollars and 62 cents. 20-year term: for male is 10 dollars and 40 cents, female is 9 dollars and 4 cents. Whole life: male is 20 dollars and 5 cents and female is 18 dollars and 63 cents.
a.
Eva would have been better off selecting the 20-year term policy.
b.
Even with the extra charge for renewal, Eva’s plan is the least expensive.
c.
Given that Eva plans to renew, she should have selected the whole life policy.
d.
Eva ends up paying the same amount for each policy.
Answers: 3
Mathematics, 21.06.2019 16:30
An empty bucket is placed under a faucet dripping at a constant rate of 4 milliliters per minute. with the given information, which of these statements is a reasonable conclusion? a there will be 24 milliliters of water in the bucket after 16 hour. b there will be 60 milliliters of water in the bucket after 14 hour. c there will be 160 milliliters of water in the bucket after 20 minutes. d there will be 100 milliliters of water in the bucket after 40 minutes.
Answers: 1
Mathematics, 21.06.2019 19:20
Askyscraper is 396 meters tall. at a certain time of day, it casts a shadow that is 332 meters long.at what angle is the sun above the horizon at that time?
Answers: 1
Mathematics, 21.06.2019 21:00
Bo is buying a board game that usually costs bb dollars. the game is on sale, and the price has been reduced by 18\%18%. what could you find the answer?
Answers: 1
Mathematics, 21.06.2019 22:30
How many times larger is 6 × 10^12 than 2 × 10^7? a. 30,000 b. 3,000 c. 3,000,000 d. 300,000
Answers: 1
Eva is 29 years old and has 2 children, ages 3 and 5. She makes $48,500 a year. Eva decides to buy a...
Mathematics, 30.07.2019 09:20
Biology, 30.07.2019 09:20
Mathematics, 30.07.2019 09:20
Mathematics, 30.07.2019 09:20
Mathematics, 30.07.2019 09:20
Computers and Technology, 30.07.2019 09:20
Computers and Technology, 30.07.2019 09:20
Chemistry, 30.07.2019 09:30
Computers and Technology, 30.07.2019 09:30
Mathematics, 30.07.2019 09:30
Geography, 30.07.2019 09:30
Biology, 30.07.2019 09:30