Question

Help!!! i medal and fan

Rita had an $104,000 mortgage for a term of 30 years. She died in the 20th year. How much should the insurance company pay?

Answer 1

$1890.90 because if she died in the 20th year and had a term of 30 years of mortgage then that means you look on the graph for 30 year mortgage and down then over to the 20th year that death occours and then you divide her morgage by the 55% that it says to get %1890.90

Answer 2

Hope this helps! :^{)