darkmatter1210
26.08.2019 •
Mathematics
How much less would a 25 year old male pay for a $50,000 policy of 20 y life insurance @ $5.84 per $1000, than a straight life policy @ $15.66 per $1000?
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Ответ:
This can be solved using the formula
F = P ( 1+i ) ^n
Where F is the future worth
P is the principal amount
i is the interest rate
n is the number of years
at 5.84 per 1000 = 0.00584
F = 50000(1+0.00584)^20
F = 5617.56
At 15.66 per 1000 = 0.01566
F = 50000(1+0.01566)^20
F = 6822.40
So he will pay less = 6822.40 - 5617.56 = $1237.84
Ответ:
This is because she started with $1200, then when she got her new job she added 900 more for each year she worked
The variable 'n' would represent the number of years
Hope this helps!