Solve the problem using the tables below.
Jack started a whole-life insurance policy for $70,000 when he was 23 years old. At age 50, the policy has a cash value of $5010 and he converts the policy to extended term insurance for the same face value. Use 20-year level term rates to estimate the number of years of extended term insurance he has using a non-tobacco rate. Round to the nearest hundredth when necessary.
A. 16.27 years
B. 27.63 years
C. 11.95 years
D. 20.75 years
Answer: C
Mathematics
You might also like to view...
Solve the problem.The resistance R produced by wiring resistors of R1 and R2 ohms in parallel can be calculated from the formula 
If R1 and R2 are measured to be 9 ohms and 5 ohms respectively and if these measurements are accurate to within 0.05 ohms, estimate the maximum possible error in computing R.
A. 0.027 B. 0.016 C. 0.022 D. 0.032
Mathematics
Simplify the expression.
?
?
A. 2 B. 16 C. 4 D. 8 E. none of these
Mathematics
Approximate the zero of f(x) = cos(x) + 3x in [–1, 1] to within 0.00001.
What will be an ideal response?
Mathematics
Solve the logarithmic equation.ln(4x - 3) = ln 15 - ln (x - 5)
A. 5, 
B. 0, 
C. 
D. ?
Mathematics