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
4.8k points

2 Answers

4 votes

Answer: A or 189000

Explanation:

User Marchy
by
5.6k points
4 votes

Answer:

the answer is 189,000

User Derrick Turk
by
5.0k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.