Question

Help! I medal :)

Gene had an $99,000 mortgage for a term of 20 years. He died in the 10th year. How much should the insurance company pay?

Answer 1

I think you read the number in the table
where the column is "20 year mortgage"
and the row is "death occurs" in 10th year
what number do you see?

change that number to a decimal (i.e. divide by it by 100)
then multiply that decimal times 99,000
to get the answer

Answer 2

so 67/100 is 0.67 and then 0.67 x 99,000=66,330?

Answer 3

@phi

Answer 4

@mathmale

Answer 5

yes, 66,330 looks good