A runner completes the first 10 laps of a 15-lap race at an average speed of 1 minute and thirty seconds per lap. How fast will the runner’s average lap time need to be for the last five laps if they want to have average per-lap speed of one minute and twenty-five seconds for the entire race?

Annual Premium (not Monthly premium is paid for Term Insurance)

Step-by-step explanation:

Term assurance is the insurance policy that provide cover for life assured for limited time i.e. 10 years cover. It is a policy usually use to compensate against sudden death or injury as a result of different perils. Travellers, Pilgrimage are well known users of Term insurance as their life risk increase with the journey.

If the scenario of 10 years cover, premium will be payable yearly(Annual premium).

If the coverage is for say 1 years, premium might be required to be paid monthly or semi-annually depending on the policy of each insurance company.