Charles is 45 years old, and makes $40,000 per year. If he were to die, how

much would the beneficiaries of his life insurance policy receive if they can

get by on 60% of his income?

Question

Mathematics

Alberto Dickson

21 January, 07:53

Charles is 45 years old, and makes $40,000 per year. If he were to die, how

much would the beneficiaries of his life insurance policy receive if they can

get by on 60% of his income?

+3

Answers (2)

Know the Answer?

Ernesto Liu · Answer 1

Oh, how morbid these interest problems are.

Are you asking how much they would recieve in a year?

If so:

40000/100=400

400*60=$24000 a year

Alan Acosta · Answer 2

Answer: The Beneficiaries will get 24,000 dollars in total

Step-by-step explanation:

1.) Step one is you would have to divide 40,000 by 60 because that will be how much they would get

2,) Step two is box you answer

Charles is 45 years old, and makes $40,000 per year. If he were to die, howmuch would the beneficiaries of his life insurance policy receive if they canget by on 60% of his income?

Charles is 45 years old, and makes $40,000 per year. If he were to die, how

much would the beneficiaries of his life insurance policy receive if they can

get by on 60% of his income?