Darcy and Gina each put money into a savings account. This formula can be used to find the amount of money, A, In each of their savings accounts after t years, where P is the initial amount of money that was put in the account.
A = P(1.02)
The initial amount that Darcy put in her account was $1,000. The initial amount that Gina put in her account was $5,000.
How will the money in ginas account compare to the amount of money in Darcy’s account after T years?

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step-by-step explanation:

all group life insurance is term insurance. actually it is annual renewable term and it is rated on the average age and claims experience of the entire group, which is called "experience rating." remember, this type of insurance has a 31-day grace period and is convertible to whole life upon leaving employment. a contributory group plan requires that both the employer and the employees pay part of the premium. at least 75% of those eligible must participate, so the group is sure to get most of the healthy employees as well as those that are sick.

step-by-step explanation: