Ask Question
20 June, 00:54

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?

+2
Answers (2)
  1. 20 June, 02:44
    0
    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
  2. 20 June, 02:57
    0
    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
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “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 ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers