203k views
4 votes
if 1000 35 year old women were to pay and insurance company $140/month for 20 years , how much money would the insurance company recieve

User Nphx
by
7.9k points

1 Answer

0 votes

Find out how much money one woman would pay a year by multiplying $140 and 12 months together like this.

140×12=1680


Next, find out how much she'd be paying for 20 years by multiplying the product by the years like this.

1680×20=33600


Now, to find out how much money all 1000 women are paying for the 20 years, multiply the previous product with the number of women.

33600×1000=3600000


Therefore, all 1000 women would be paying $3,600,000 total during the 20 year time period.


HOPE THIS HELPS!

User Ectropy
by
7.8k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.