Question

Use the table to answer the question. The sample life insurance premium table illustrates the monthly premium for every $25,000 of coverage. Age Nonsmoker Male Nonsmoker Fe male Smoker Male Smoker Female Under 24 $3.00 24 to 30 $4.00 31 to 40 $5.50 41 to 50 $7.50 $2.50 $3.50 $4.40 $6.75 $4.50 $6.15 $9.00 $13.00 $4.00 $5.25 $6.50 $12.00 What is the insurance premium for a 42-year-old nonsmoking female who wants $125,000 in coverage? O A. $33.75 O B. $41.50 O C. $58.25 O D. $60.00 Use the table to answer the question. The sample life insurance premium table illustrates the monthly premium for every $25,000 of coverage. Age Nonsmoker Male Nonsmoker Female Smoker Male Smoker Female Under 24 $3.00 t0 30 S4.00 31 to 40 $5.50 41 to 50 $7.50 $2.50 3.50 $4.50 $6.15 $9.00 $13.00 $4.00 $5.25 $6.50 $12.00 $4.40 $6.75 Mateo, a 31-year-old nonsmoker, wants to purchase $100,000 in coverage for himself and $75,000 for his spouse, who is female, 30 years old, and does not smoke. What will the insurance premium be? O A. $30.50 O B. $32.50 O C. $35.50 O D. $36.00 According to the 10% savings rule that automatically adjusts to your earnings, how much would you save if your check showed earnings of $1,470? O A. $7.24 O B. $14.70 O C. $72.35 O D. $147.00

Answer 1

Solution:

Given that :- Accer dins to the loy savin Yole 1.4 70 . eal ning will sav e about 10 % 06 youl income 40 LO 44.00 COe cr So, option Co) 6 Thank you