Find out the non-tobacco rate

Assignment Help Mathematics
Reference no: EM131628801

Question: Cindy Franklin started a whole-life insurance policy for $250,000 when she was 23 years old. At age 50, the policy has a cash value of $12,606 and Cindy converts the policy to extended term insurance for the same face value. Use 20-year level term rates to estimate the number of years of extended term insurance she has using a non-tobacco rate.

Reference no: EM131628801

Questions Cloud

Discuss the annual life insurance premium of garrett townse : Compare the annual life insurance premium of Garrett Townse who is 30 years old, and purchases a $100,000, 10-year level term policy using a non-tobacco rate.
What happen to the demand of labor : If the market price of the good or service that a firm produces increases, what happen to the demand of labor? Explain.
Find the price elasticity of demand for newtons donuts : Find the price elasticity of demand for Newton's Donuts and describe what it means. Describe your answer and show your calculations.
Case study blackboard and webct : Blackboard and WebCT are two virtual learning environments used by tuter to deliver material to students. Systems like Blackboard Learning System are expensive
Find out the non-tobacco rate : Cindy Franklin started a whole-life insurance policy for $250,000 when she was 23 years old. At age 50, the policy has a cash value of $12,606.
Discuss common input and output technologies : Use technology and information resources to research issues in enterprise architecture
Estimate the number of years of extended term insurance : Parker Water's $200,000 whole-life insurance policy has a cash value of $11,288. Parker is 60 years old, smokes, and is converting to an extended term policy.
Support rapid-fire transactions : Malaysian electronic components distributor Pico Electronics had a problem that many mid-sized businesses would like to have:
Explain the renters insurance policy : Lars Pacheco needs a $40,000 renters insurance policy and has selected the $500,000 liability with $1,000 deductible. The insurance company has determined.

Reviews

Write a Review

Mathematics Questions & Answers

  What is the probability that al will win

Two boys are repeatedly playing a game that they each have probability 1/2 of winning. The first person to win 5 games wins the match.

  Find the time when the weight is at the point of equilibrium

A weight is oscillating on the end of a spring (see figure). The position of the weight relative to the point of equilibrium is given by - y = 1/14(cos9t - 3sin9t), where y is the displacement(in meters) and t is the time (in seconds). Find the tim..

  Find the slope of the line tangent to the graph

Find the slope of the line tangent to the graph of r = 1 -sin θ at θ = π. Find the Cartesian equation for the line tangent to the graph of r = 1 - sin θ at θ = π.

  Illustrate the definition of an infinite limit

Illustrate the definition of an infinite limit by finding a number δ that corresponds to M = 144, M = 10,000. Deduce a relationship between M and δ that would allow you to compute δ for any M.

  Problem-sewer-sump pump backup protection for basement

Tim Navholtz needs a $20,000 renters insurance policy and has selected the $1,000,000 liability with $1,000 deductible. The insurance company has determined.

  Blood increases the risk of heart disease

Too much cholesterol in the blood increases the risk of heart disease. The cholesterol levels of young women aged 20 to 34 vary approximately Normally with mean 185 milligrams per deciliter (mg/dl) and standard deviation 39 mg/dl.

  What is the length and width of the garden

A farmer has a rectangular garden plot surrounded by 270 ft of fence. If its area is 3800 ft2, what is the length and width of the garden?

  Find out the sample size needed to estimate

Determine the sample size needed to estimate (lower case mu / mean of a random variable) for the given situation. E = 4, standard deviation = 35, level of confidence = .90

  What is the probability that teesha will not be picked

Teesha is in the French club. There are 26 students in the club. The French teacher will pick 3 students at random to guide visiting students from France. What is the probability that Teesha will not be picked as a guide?

  Determine the flow rates in and out of the pipes

It takes 5 hours to fill an empty tank when both outlet pipes are open. When one outlet pipe is closed, it takes 3 hours to fill the tank. Find the flow rates (in gallons per hour) in and out of the pipes.

  Calculate the probability of surviving

Calculate the probability of surviving 5 years using the data from Table 8. Probability of Survival for Each Year of the Study

  Why is this business interesting to you

SECTION #2 - REVENUE & PROFITS: Discuss how your business will generate money.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd