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Howard has a life insurance policy with a $1.3 million benefit. If this money was put into an account with a 5% interest rate, how much income can his beneficiaries expect in case Howard dies?
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5 votes
Howard has a life insurance policy with a $1.3 million benefit. If this money was put into an account with a 5% interest rate, how much income can his beneficiaries expect in case Howard dies?

User Shreerang
by
5.2k points

2 Answers

2 votes

Answer: the answer is $65,000 APEX

User Robotadam
by
5.6k points
3 votes

Answer: 65,000 -apex

Explanation:

User Geschema
by
4.8k points
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