Determine whether the given relationship defines a function. If so, identify the independent and dependent variable and why the relationship is a function.
Life Insurance
a. The monthly premium p for a $100,000 life insurance policy determined by age a. for males aged 26 – 32 (as shown in the table).
b. Ages a that get a $100,000 life insurance policy for a monthly premium of $11.81 (from the table).
Age (years) | 26 | 27 | 28 | 29 | 30 | 31 | 32 |
Premium (dollars per month) | 11.72 | 11.81 | 11.81 | 11.81 | 11.81 | 11.81 | 11.81 |
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