The answer is
Letter D -
939.80.
You can refer to the attachment for the rate. Since he is forty-seven years old, use that age to find his rate under a twenty-year endowment insurance. In this case, the rate is 46.99. Multiply that rate to 20 since he purchased a 20-year endowment insurance with a face value of $20,000. (20,000/1,000 = 20)
46.99 x 20 = 939.80
Firstly you would times 475 by the percentage, which you can convert to a decimal my multiplying the percentage by 100.
475 * 0.02 = 9.50
Then divide the interest by the amount of interest per year:
38 / 9.5 = 4.
The answer would be 4 years.
Hope this helps.
Complete Question
Riya is applying to her garden. She applies it at a rate of 25, 000 cm³ of mulch for every m² of garden space. At what rate is Riya applying mulch in m³/m²
Answer:
0.25m³/m²
Step-by-step explanation:
We are told the Riya sprays mulch at 250,000cm³ per m²
To find the rate at which Riya is spaying the mulch in m³/m² we would have to convert 250,00cm³/m² to m³/m²
1 cm³ = 1 × 10^-6m³
250,000 cm³ = x m³
Cross Multiply
1 cm³ × xm³ = 250,000cm³ × 1 × 10^-6 m³
X
x m³ = 250,000cm³ × 1 × 10^-6 m³/1 cm³
= 0.25m³
Therefore, the rate at which Riya is spraying the mulch = 0.25m³/m²