Register
Suppose you invest $15,000 at the age of 35, and agree to start receiving payments at the age of 45. At age 41, you decide you want to withdraw $5000 from your account. The insurance company charges you
135k views
5 votes
Suppose you invest $15,000 at the age of 35, and agree to start receiving

payments at the age of 45. At age 41, you decide you want to withdraw $5000
from your account. The insurance company charges you 30% of the
withdrawal. What is the surrender charge?

User Stefano Barbi
by
6.4k points

2 Answers

2 votes

Answer:

$500

Explanation:

AP EX

User Nazli
by
6.0k points
3 votes

Answer: $1500.00

Explanation:

User Cyril Durand
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.

5.9m questions

7.7m answers

Other Questions

Solve for y in terms of x. 2/3y - 4 = x y = x + 6 y = -x + 4 y = -x + 6 y = x + 4
Aliyah has $24 to spend on seven pencils. After buying them she had $10. How much did each pencil cost?
Use the normal model ​n(11371137​,9696​) for the weights of steers. ​a) what weight represents the 3737thth ​percentile? ​b) what weight represents the 9999thth ​percentile? ​c) what's the iqr of the weights
Evaluate a + b when a = –16.2 and b = –11.4 A. –27.6 B. –4.8 C. 4.8 D. 27.6
What is the value of x? (-4) - x = 5
Link Copied!