Register
victor has a life insurance policy that will pay his family $42,000 per year if he dies. if interest rates are up 1.5% when the insurance company has to pay, what is the amount of the lump sum that the
216k views
3 votes
victor has a life insurance policy that will pay his family $42,000 per year if he dies. if interest rates are up 1.5% 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

User BITSSANDESH
by
6.1k points

2 Answers

3 votes

Answer:2.8 million

Explanation:

User Ickster
by
6.4k points
5 votes

Apex said 2.8 million

User Lashleigh
by
5.9k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.5m questions

8.7m answers

Other Questions

What is 0.12 expressed as a fraction in simplest form
Solve using square root or factoring method plz help!!!!.....must click on pic to see the whole problem
What is the initial value and what does it represent? $4, the cost per item $4, the cost of the catalog $6, the cost per item $6, the cost of the catalog?
What is distributive property ?
What is the measure of xyz
Link Copied!