Luke has a life insurance policy that will pay his family $29,000 per year if he
dies. If interest rates are at 5.4% when the insurance company has to pay,
what is the amount of the lump sum that the insurance company must put
into a bank account?
O A. $53,703.70
O B. $53,703,703.70
O C. $537,037.04
O D. $5,370,370.37
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Luke has a life insurance policy that will pay his family $29,000 per year if he dies. If interest rates are at 5.4% when the insurance ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
I am a 2 dimensional shape that has 5 obtuse angles. I do not have any sides that are parallel.
Answers (1)
A media group conducted a survey of 100 people who made a new year's resolution. They'll present their findings of the top nine resolutions. Which display method would be the best way to show the results of the survey? A. Bar graph B. Dot plot C.
Answers (1)
A small business owner has created a linear regression model to predict the number of new customers who will visit a shop based on the number of times the owner has an advertisement played on the radio.
Answers (1)
Whats the answer to 6 (g + h)
Answers (2)
I would like to know if 2 kg is greater or less then 1500 g
Answers (2)
New Questions in Mathematics
On the first day of the play, the auditorium was 1/3 full, the second day it was 5/12 full, and on the third day it was 1/2 full. If this pattern continues, how full will it be on the fourth day?
Answers (2)
No, because the bike order does not meet the restrictions of 4c + 6a ≤ 120 and 4c + 4a ≤ 100 No, because the bike order does not meet the restrictions of 4c + 4a ≤ 120 and 6c + 4a ≤ 100 Yes, because the bike order meets the restrictions of 4c + 6a ≤
Answers (1)
A researcher conducts a hypothesis test on a population proportion. Her null and alternative hypothesis are H0 : p = 0.4 and Ha : p < 0.4. The test statistic and p-value for the test are z = - 3.01 and p-value = 0.0013.
Answers (1)
How do I solve (-2-6i) (1 + i)
Answers (1)
I'm a election 4713 people voted candidate B received 2 thirds of the votes. How many votes did candidate b receive
Answers (1)