How much will you have contributed to a whole life insurance policy that has a face value of $60,000 over a 40-year period, given that the permanent insurance amount for a healthy 30-year-old male is $18.54 per thousand.
a.
$1,112.4
c.
$60,000
b.
$44,496
d.
$533,952

answer: b.

step-by-step explanation:

the y coordinate for point b is 0, and answer b is the only one with that y coordinate.

system of linear equation

step-by-step explanation:

as given in the data

a= 20 , b= -12

let us suppose that it is a straight line equation

now we know the formula for the system of linear equation

b= ma + c )

here m is slope of a straight line which is equal to formula

m=   (ii)

and here c is a constant

now putting the value of a and b in equation (ii)

m=

m=

putting the value of a,b and m in equation (i) gives us

-12 = + c

-12=-12 + c

adding 12 to both sides

-12 +12 = -12 +12 +c

0 =c

or c=0

as the value of the constant is zero which gives us that it is a linear equation and this order pair satisfies the system of linear equations.