Mr. Kurris is 50 years old. In four years, his house will be paid off and his daughter will be finished with collage. He wants to take out a five-year level-term life insurance policy with a face value of $750,000. The monthly premium is $61.

Answers

Answer 1

Complete question is;

Mr. Kurris is 50 years old. In 4 years, his house will be paid off and his daughter will be finished with college. He wants to take out a 5-year level-term life insurance policy with a face value $750,000. The monthly premium is $61,

a. What will be his total cost for this policy over the 5-year period?

b. If he dies after paying for the policy for 16 months, how much will the insurance company pay his beneficiaries?

c. If he does not die during the 5 years, how much does the insurance company make on this policy?

d. If he dies after paying for the policy for 13 months, how much will the insurance company lose on this policy?

Answer:

A) $3660

B) $750000

C) $3660

D) $749,207

Step-by-step explanation:

A) Since he wants to take out a five-year level-term life insurance policy, then number of payments for 5 years is;

12 months × 5 = 60 payments.

Since monthly premium is $61, then total cost = 61 × 60 = $3660

B) This is a level-term life insurance policy and so he will be paid the same amount over the entire period of the insurance policy.

Thus If he dies after paying for the policy for 16 months, his beneficiaries will still be paid same $750000

C) if he does not die during the 5 years, the amount the insurance company will make is same as the amount he is due for his premium which is $3660.

D) If he dies after paying for the policy for 13 months, amount that the insurance company will lose is;

>> 750000 - 13(61) = $749,207


Related Questions

A Ferris wheel has a diameter of 380 feet and the center of the wheel is 195 feet above the ground. The wheel makes a complete turn every 4 minutes. Write a cosine function to express the height h (in feet) of a passenger on the wheel as a function of time t (in minutes), given that the passenger is at the lowest point on the wheel when t

Answers

Answer:

y = -190 cos(π t / 120) + 195

Step-by-step explanation:

General form of a sinusoidal function: y = A cos(Bt - C) + D

Now generally a cosine function starts at the maximum value, so to start at the minimum value, flip the cosine function by making it negative.

A is the amplitude of the curve and will be the radius of the ferris wheel. Therefore, A = 380 / 2 = 190 feet.

2π / B is the period of the curve and will be the time to complete one full rotation. The time to complete one full rotation is given as 4 minutes. Convert this into seconds to get period = 4 minutes * (60 seconds / minute) = 240 seconds. Therefore, B = 2π / period = 2π / 240 seconds = π / 120.

C/B is the phase shift, or horizontal shift of the graph. Since the negative cosine function already starts at the minimum value, there is no phase shift so C/B = 0, meaning C = 0.

D is the vertical shift and will be the height of the center of the ferris wheel. Therefore, D = 195 feet.

Your final function will be:

y = -190 cos(π t / 120) + 195

Identify the sample space of the probability experiment: answering a true or false question.

Answers

Answer:

we would need to know what the experiment was or we can't awnser

Solve for angle A. Please help quickly !!

Answers

Answer:

∠ A ≈ 75.7°

Step-by-step explanation:

Given

[tex]\frac{sinA}{8}[/tex] = [tex]\frac{sin58}{7}[/tex] ( cross- multiply )

7 × sinA = 8 × sin58° ( divide both sides by 7 )

sinA = [tex]\frac{8sin58}{7}[/tex] , then

∠ A = [tex]sin^{-1}[/tex] ([tex]\frac{8sin58}{7}[/tex] ) ≈ 75.7° ( to the nearest tenth )

What is the measure of arc GH?

Answers

Answer:

62 degrees

Step-by-step explanation:

The angle is an inscribed angle, so its measure is half the measure of the intercepted arc.

Said another way, the intercepted arc is twice the measure of the inscribed angle.

2 x 31 = 62

A fair die is rolled once. Let A be the event of rolling an even number, and let B be the event of rolling a number greater than 3. Find A ∩ B

Answers

Answer:

A ∩ B = {4, 6}

Step-by-step explanation:

A die had 6 faces

S = {1, 2, 3, 4, 5, 6}

If A  be the event of rolling an even number, then;

A = {2, 4, 6}

If B be the event of rolling a number greater than 3, then;

B = {4, 5, 6}

A ∩ B are the values that are common to both sets

A ∩ B = {4, 6}

Help Please I will mark brainlist dont answer if you don’t know and no links.

Answers

Answer:

63

Step-by-step explanation:

Answer:

its A

Step-by-step explanation:

please answer this question​

Answers

Answer:

see explanation

Step-by-step explanation:

(a)

[tex]\frac{3}{7}[/tex] a × - [tex]\frac{21}{15}[/tex] b ( cancel 3 and 15 and 7 and 21 )

= a × - [tex]\frac{3}{5}[/tex] b

= - [tex]\frac{3}{5}[/tex] ab

(b)

3xy(5x²y² - 4yz) ← multiply each term in the parenthesis by 3xy

= 15x³y³ - 12xy²z

Which of the following are maximum and minimum points of the function y= 2 cos x - 1?
A) Maximums: (0, 3), (2π, 3); Minimum: (π, -3)
B) Maximums: (0, 1), (2π, 1); Minimum: (π, -3)
C) Maximums: (0,3), (2π, 3); Minimum: (π, -1)
D) Maximums: (0, 1) (π/2, 1); Minimum: (3^π/2, -3)

Answers

Answer:

B) Maximums: (0, 1), (2π, 1);

Minimum: (π, -3)

What is the value of x in the equation
-x =2 - 3x +6?
1) 8
2) 4
3) -4
4) -8

Answers

Answer:

x=4 Postive

Step-by-step explanation:

See the steps below:)

In which function is the range equal to the domain?
1) y = 2
2) y=x?
3) y = log x
4) y = x

Answers

Range=y, domain=x, so y = x would be your answer.

pupils are required to spend 3/8 of the day at school and 2/3 of that time in class. How much time do they spend doing Mathematics? Give your answer in minutes.​

Answers

Answer:

[tex]Time \ in\ school = \frac{3}{8} \ of \ the \ day[/tex]

                      = [tex]\frac{3}{8} \times 24 = 9 \ hours \ in \ school[/tex]

[tex]Time \ in \ class = \frac{2}{3} \ of \ the \ time \ in \ school = \frac{2}{3} \times 9 = 6 \ hours \ in \ class[/tex]

1 hour = 60 minutes

Therefore, 6 hours = 360 minutes

So , 360 minutes they spent doing mathematics.

Maria is given a pay increase of 3%. After the pay increase, she earns $2472 each month. Calculate her monthly pay before the pay increase.

Answers

Answer: $2400

Step-by-step explanation:

Given

Maria got a hike of 3%.

After the hike she earns $2472 each month

Suppose, before hike she earns x each month

[tex]\Rightarrow x+x\times 3\%=2472\\\Rightarrow x(1+0.03)=2472\\\Rightarrow 1.03x=2472\\\Rightarrow x=\$2400[/tex]

Thus, she earns $2400 before the hike.

YALLL HELPP ME PLEASEE!!!!!!!!

Answers

Step-by-step explanation:

1. -5 not suree

2.50

my anwser could be wrong sooo...

Given that Δ C A T ≅ Δ D O G, select all statements that must be true

Answers

the answwe is going to be a d and e

Sarah went on a run. On her run she found 6 rocks. When she was going back home she found 7 more rocks. When she got home she relized she lost 2 of the rocks. How many rocks does she have now?

Answers

Answer:

11

Step-by-step explanation:

first you add 6 + 7 = 13

then you 13 - 2 which gives you eleven!

does anyone know this

Answers

Answer:

a=170

Step-by-step explanation:

180-6=174mil

round to 170.

Answer:

4.9 (rounded)

Step-by-step explanation:

a^2 + 1^2 = 5^2

a^2 + 1 = 25

      - 1     - 1

= a^2 = 24

[tex]\sqrt{a^2 = 24}[/tex] = 4.9 (rounded)

reduce 287/861 to the simplest term in fractions

Answers

Answer:

1/3

hope this helps

have a good day :)

Step-by-step explanation:

A rhombus has diagonals with lengths 6 cm and 10 cm. It’s area is ____

A. 60 cm^2
B. 30 cm^2
C. 15 cm^2
D. 36 cm^2

Answers

Answer:

B.

Step-by-step explanation:

A = ab/2

A = (6 cm)(10 cm)/2

A = 30 cm^2

Answer: B.

6x – 3x + 4 – 2x = x + one solution ,no solution, and many solution

Answers

Answer:

6x – 3x + 4 – 2x = x

x+4=x

4=0

no solution

hope this helps

have a good day :)

Step-by-step explanation:

A recipe calls for 21 scoops of sugar. Each scoop is 2.5 oz of sugar. How many scoops do you need if the scoop holds 3.5 oz of sugar?

Answers

Answer:

you would need 6 scoops of sugar

Answer:

You would need 15 scoops of sugar per 3.5 oz

Step-by-step explanation:

I just need someone to help me with this, I will give brainilist I just need someone to put these numbers in the correct order!!!!!!!

Answers

Answer: I think it’s C

Answer:

A is the correct answer to this problem.

Please help me almost due!!!:):$:

Answers

Answer:

Our two selected points:

-3, 3

2, -4

-4 -(3)           7

_____ = - _____ = -7/5, D is your answer

2 - (-3)         5

Find the gradient of the following line

Answers

Answer:

y=-2.6+2

Step-by-step explanation:

using the eqaution y=mx+c

find the value of x

Answers

Answer:

x = 25

Step-by-step explanation:

40 is a vertical angle equal to the angle to the right of 2x.

2x, 40, and 90 are supplementary angles (they add up to 180)

2x + 40 + 90 = 180

2x + 130 = 180

2x = 180 - 130

2x = 50

x = 25

Answer:

they are right

Step-by-step explanation:

help i’ll give brainliest

Answers

Answer:

The answer would be D, hope this helps

The answer is D I believe so

6 less than half of r : translate into expression

Answers

Answer:

r/2 -6

Step-by-step explanation:

less than means it comes after

half of r

r/2

6 less than means subtract

r/2 -6

At his new job, Jeremiah can choose an hourly rate of $9 plus a $50 weekly bonus for opening the store, or an hourly rate of $10 per hour with no opening bonus. The equations model his salary options.

Answers

The equations would be:
y=9x +50
y=10x

a designer created a scale drawing of a new kitchen. In the scale drawing, the length of the kitchen will be 8 feet. What scale did the designer use to create the scale drawing of the kitchen

Answers

Answer:

See Explanation

Step-by-step explanation:

Given

[tex]Scale\ length = 8ft[/tex]

Required

Determine the scale of the drawing

The question is incomplete, as the actual width of the kitchen is not given. The general explanation, however, is as follows:

The scale of a drawing is represented as:

[tex]Scale = Scale\ Measurement : Actual\ Measurement[/tex]

This gives:

[tex]Scale = 8ft : Actual[/tex]

Assume the actual length of the kitchen is 24ft.

The equation becomes:

[tex]Scale = 8ft : 24ft[/tex]

Divide by 8ft

[tex]Scale = 8ft/8ft : 24ft/8ft[/tex]

[tex]Scale = 1 : 3[/tex]

1. Calculate the volume of the rectangular prism. Answers are in cubic
millimeters.
4 mm height
17 mm width
9 mm length

Answers

30 is the answer i think

Answer:

The answer is 612

How many more lawns can logan mow per hour thanhow many more lawns can logan mow per hour than brian brian

Answers

Answer:

Logan can mow 1 lawn per hour more than Brian

Step-by-step explanation:

Given

[tex]Logan: 8\ lawns \to 4\ hours[/tex]

See attachment for Brian's graph

First, calculate Logan's hourly rate

[tex]Rate = \frac{Lawn}{Time}[/tex]

[tex]Rate = \frac{8\ lawns}{4\ hours}[/tex]

Rate = 2 lawns per hour

To calculate Brian's rate, we select 2 points from the linear graph

[tex](x_1,y_1) = (1,1)[/tex]

[tex](x_2,y_2) = (2,2)[/tex]

So, the rate is:

[tex]Rate = \frac{y_2 - y_1}{x_2 - x_1}[/tex]

[tex]Rate = \frac{2 - 1}{2 - 1}[/tex]

[tex]Rate = \frac{1}{1}[/tex]

Rate = 1 lawn per hour

So, we have:

[tex]Logan = 2[/tex]

[tex]Brian = 1[/tex]

Calculate the difference (d)

[tex]d = Logan - Brian[/tex]

[tex]d = 2 - 1[/tex]

[tex]d = 1[/tex]

Logan can mow 1 lawn per hour more than Brian

Other Questions
Software that enables the organization to centralize data is called A. Data Repository B. Data Base Management System C. Data Warehouse D. Data Mart E. Data File What is the mass of the table tennis ball that accelerated at 5m/s when 0.5N force is applied. Mars is on average 2.25 x 108 miles away from Earth. The moon is on average 2.388 x 105 miles away from Earth. Approximately how many timesfarther is Mars from Earth than the moon is ?A.0.94 times B.9.4 times C.94 times D.940 times A cost accountant is developing a regression model to predict the total cost of producing a batch of printed circuit boards as a function of batch size (the number of boards produced in one lot or batch). The independent variable is: $(x^2-4x+2)^{x^2-5x+2} = 1.$;PPP Find the number of 3-card hands that contain the cars specified. NO LINKS!! NOT MULTIPLE CHOICE!!!5. 3 red cards6. 3 aces7. 3 face cards8. 3 hearts9. 3 of one kind of the following which country received their independence first A Chad B Madagascar C Lesotho Egypt How is the annostructure on the chocolate related to the nanostructure of the grating?help me plss:( Which best describes the relationship between the successive terms in the sequence shown?9, -1, -11, -21,The common difference is -10,The common difference is 10The common ratio is -9)The common ratio is 9. #1 determine the slope of :2x+4y=-16 ? answer Read the claim.CLAIM: Having a job is a bad idea for a junior high student.Which revision makes the claim more precise, specific, and clear?Select one:Having a job is a bad idea for a junior high student, no matter what his or her GPA.Having a job is a bad idea for a junior high student, as everybody knows.Having a job is a bad idea for a junior high student, because students need time to study.Having a job is a bad idea for a junior high student, and it always has been. What is the percent by volume of 12.5 mL of ethanol in 250 mL of water?3%5%4%6% can someone write a Paraghraph of 5 sentences of this picture please :( Jenny is writing a book on travel and lifestyle. She has already written 50 percent of the book. What are the different types of copyright infringement Jenny should avoid while writing her book? 1. refers to a book she wrote2. used a 400-word paragraph from a 550 word article by a photographer3. did not insert an in-text citation4. use quotes to set off the passage copied from the other authors article5.cited the copyrighted images6. paraphrased 3 lines from a website please factor and find the zeros of each relation (18 marks)C. y = 30x^2 + 44x +16D. y = 10x^2 + 60x + 80 container has 3 moles of gas with a volume of 60 liters and at a temperature of 250 K, Calculate the pressure inside the container in kPa how does Nelson Mandela have a growth mindset A theme in the story adapted from The Odyssey, Book IX isthat careful planning leads to success.How is this theme developed in the story?h fooded thatOdysseus observes Cyclops for a time beforedevising a plan for escape.Q Odysseus manages to find his way back to his ship.sseuswas theem in theOdysseus does not panic when Cyclops stops totalk to the rambeast'sEven ifFength toOdysseus divides the sheep equally among hismen give me mystry story topicsPLEASE Woolly mammoths had features that helped them live in a harsh environment. What evidence from the passage supports this statement?A. The hair on the coat of woolly mammoths kept ice from collecting too close to theirbodies.B. The last known group of woolly mammoths died off around 4,000 years ago.C. Pictures on cave walls show hunting parties chasing after herds of woolly mammoths.D. All that now remains of woolly mammoths are fossilized bones and mummifiedbodies.