. If the net single premium of a 20-year term insurance policy, issued to (50), with a death benefit of $R is $6000, what is the value of R? You are given: 1000 1 20 50: | A = 43.732, 1000 1 20 30: | A = 16.017, 30E20 = 0.22143, 50E20 = 0.06455 (A) $47,937 (B) $137,199 C) $168,867 (D) $216,489

. If the net single premium of a 20-year term insurance policy, issued to (50), with a death benefit of $R is $6000, what is the value of R? You are given: 1000 1 20 50: | A = 43.732, 1000 1 20 30: | A = 16.017, 30E20 = 0.22143, 50E20 = 0.06455 (A) $47,937 (B) $137,199 C) $168,867 (D) $216,489

Intermediate Algebra

19th Edition

ISBN:9780998625720

Author:Lynn Marecek

Publisher:Lynn Marecek

Chapter12: Sequences, Series And Binomial Theorem

Section12.3: Geometric Sequences And Series

Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...

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Question

0. If the net single premium of a 20-year term insurance policy, issued to (50), with a death benefit of $R is $6000, what is the value of R? You are given: 1000 1 20 50: | A = 43.732, 1000 1 20 30: | A = 16.017, 30E20 = 0.22143, 50E20 = 0.06455

(A) $47,937

(B) $137,199

C) $168,867

(D) $216,489

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