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?

Question

Hugh Lucas

Mathematics

13 August, 22:27

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?

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Violet Bishop · Answer 1

For the answer to the question above asking what is the face value of the largest 20-year term policy, she can buy without spending more than $300 annually if Maria, age 28, wants to pay no more than $300 a year in life insurance.

The answer to this question is $158,000