If jesse wants to buy a $75,000 10-year term life insurance policy, and the annual premium rate (per $1000 of face value) for his age group is $2.34, how much is jesse’s annual premium? a. $175.50 b. $3,205.12 c. $234.00 d. $1,755.00

Option a. $175.50 is correct.

Step-by-step explanation:

It is given that it costs $2.34 for every $1,000 face value and Jesse wants to buy a policy of $75,000.

To get the annual premium rate we use the formula:

A = (Benefit Volume / Face Value) (Annual Premium Rate)

Benefit Volume = $75,000

Face Value = $1,000

Annual Premium Rate = $2.34

Putting the values in the formula :

A = ($75,000 ÷ $1000) ($2.34)

A = 75 × 2.34

A = $175.50

The annual premium is $175.50

the answer is 15% decrease

the system of inequity is

step-by-step explanation:

from the given graph it is noticed that we have two related lines. one is solid and another is dashed.

if a line passing through two points, then the equation of line is

the solid line passing through the points (0,4) and (4,0).

the related equation of solid line is .

similarly, find the related equation of dashed line. the dashed liune passing through the points (0,0) and (3,1).

the related equation of dashed line is

from the given graph it is noticed that the point (0,1) lies on the shaded region, therefore the point (0,1) must be satisfied by the related equations.

check the related equations by the point (0,1).

this statement is true if the sign of inequality is < instead of equality. since it is an solid line therefore the sign of inequality will be . the required inequality is

similarly, check the second related equation.

it is a dashed line, so this statement is true if the sign of inequality is > . the required inequality is