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connorhanratty connorhanratty
  • 15-01-2017
  • Mathematics
Answered

Maria, age 28, wants to pay no more than $300 a year in life insurance. What is the face value of the largest 20-year term policy she can buy without spending more than $300 annually?

Verified Answer :

iamwill007
iamwill007 iamwill007
  • 15-01-2017

15$/year because 300/20=15

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coolbeav
coolbeav coolbeav
  • 20-01-2020

Answer:

B. $158,000

Step-by-step explanation:

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