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LilleYapCy LilleYapCy
  • 05-11-2016
  • Mathematics
Answered

sherita, age 37, wants to pay no more than $750 a year in life insurance. if the annual life insurance premium rate (per $1000 of face value) is $3.96, what is the largest 15-year term policy she can buy without spending more than $750 annually? a. $189,000 b. $109,890 c. $203,252 d. $276,750

Verified Answer :

JAKE1999 JAKE1999
  • 18-11-2016

the answer is 189,000

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abbystoneham10
abbystoneham10 abbystoneham10
  • 24-10-2019

Answer:

A, $189,000

Step-by-step explanation:

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