Bette has a life insurance policy that will pay her family $40,000 per year if
she dies. Bette...
Mathematics, 19.05.2020 15:08 kayliebush2709
Bette has a life insurance policy that will pay her family $40,000 per year if
she dies. Bette's insurance company expects that it would have to put
$2,500,000 into a bank account so that it could make the payments. What
does Bette's insurance company expect the interest rate to be?
O A. 0.4%
O B. 2%
O C. 2.3%
O D. 1.6%
Answers: 2
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