Question

Sherita, age 37, wants to pay no more than $750 a year in life insurance. If the annual life insurance premium rate (per $1000 of face value) is $3.96, what is the largest 15-year term policy she can buy without spending more than $750 annually?
a.
$189,000
b.
$109,890
c.
$203,252
d.
$276,750

Answer 1

@mathstudent55

Answer 2

@Vocaloid

Answer 3

@purplemexican

Answer 4

@Algorithmic

Answer 5

the formula

Answer 6

if i knew the formula i wouldnt be asking for help

Answer 7

so are you gonna give me the formula or the answer?

Answer 8

The answer is A 189,000