Question

Maria, age 28, wants to pay no more than $300 a year in life insurance. what is the face value of the largest 20-year term policy she can buy without spending more than $300 annually?

Answer 1

B-158,000

Explanation:

Answer 2

For the answer to the question above asking what is the face value of the largest 20-year term policy, she can buy without spending more than $300 annually if Maria, age 28, wants to pay no more than $300 a year in life insurance.
The answer to this question is $158,000