134k views
0 votes
Sherita, age 37, wants to pay no more than $750 a year in life insurance. If the annual life insurance premium rate (per $1000 of face value) is $3.96, what is the largest 15-year term policy she can buy without spending more than $750 annually? a. $189,000 b. $109,890 c. $203,252

User Stldoug
by
7.7k points

2 Answers

4 votes

Answer: A or 189000

Explanation:

User Marchy
by
8.5k points
4 votes

Answer:

the answer is 189,000

User Derrick Turk
by
8.3k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories