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?
Get 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 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
You Might be Interested in
Which of these four sets of side lengths will form a right triangle? Set 1 6 cm, 7 cm, 12 cm 8 in., Set 2 29 in., 35 in. Set 3 3 mm, 4 mm, 5 mm Set 4 26 ft, 6 ft 9 ft Set 1 Set 2 Set 3 Set 4
Answers (1)
The test scores of a geometry class are given below. 90, 75, 72, 88, 85 The teacher wants to find the variance for the class population. What is the value of the numerator of the calculation of the variance?
Answers (1)
What is the domain of the function f (x) = 45 / (x-23) ?
Answers (1)
4 4/9 * 2 2/3 write each mixed fraction into a fraction
Answers (1)
If a pair of vertical angles measure 5x-51 and 3x-21, find the measure of the angles
Answers (1)
New Questions in Mathematics
Which polynomial is in standard form? 1+2x-8^2+6x^3 2x^2+6x^3-9x+12 6x^3+5x-3x^2+2 2x^3+4x^2-7x+5
Answers (2)
Sonia runs 12 laps in 30 min. Latasha runs 20 laps in 45 min. Determine if the quantities in each pair of ratios are equivalent, and explain your reasoning.
Answers (1)
A stranded soldier shoot a signal flare into the air to attract the attention of a nearby plan. The flare has an initial velocity of 1500 feet per second. Its height is defined by the quadratic function below.
Answers (1)
1/8 (x-a) + b how do I put that in slope intercept form, and what are the values of A & B
Answers (1)
The name of the mountain in Rio de Janeiro's harbor is Mt. Nebo. True False
Answers (2)