James is looking into life insurance. He currently makes $50,000 a year and has two children, ages 15 and 11. How much coverage and how long a term of life insurance would you recommend to James?

Answers

Answer 1
Answer:
  • The coverage amount is $500,000
  • The recommended term of life insurance is 10-year term.

Based on the information given i would recommend insurance coverage amount of $500,000 and a term of life policy of 10-year term.

James will need a coverage amount of $500,000 until the two children are financial independent and can cater for themselves.

Using a long term policy of 10 years term of life insurance is recommended as the older will be 25 years and the youngest will be 21 years by then.

Coverage insurance amount:

Insurance coverage=Salary× Term of life

Insurance coverage=$50,000×10 year

Insurance coverage=$500,000

Inconclusion:

  • The coverage amount is $500,000
  • The recommended term of life insurance is 10-year term.

Learn more here:

brainly.com/question/24214455?

Answer 2
Answer:

Step-by-step explanation:

If James wants to cover both of his children at his current salary until they both can support themselves on their own, he would need a 10-year term policy (if the youngest moves out when he/she is 21) with a face value of $500,000 (current salary-$50,000*10 years).


Related Questions

Jake and his brother, Rob, built triangular kites for the Beach Cities Kite Festival and covered them with fabric. Jake's kite is 5.5 feet long and 6 feet tall. Rob's kite is 3.5 feet long and 4 feet tall. The fabric they used costs $2.50 per square foot.How much more money did Jake spend on fabric than Rob?
Factor completely and then place the factors in the proper location on the grid.a 2 - a - 20
The product of 12 and y increased by 11
On Tuesday morning, the temperature was recordedat 5°C. Over the course of the day, the temperaturedropped 7º. After this drop, what temperature will berecorded?A 12° CB 2°CC -2°CD -12° C
Increase 48m by 20%? Help Please I'm Useless At Math<3

106 plus what equals 180

Answers

106 plus 74 would be your answer

Write 19/24 as a decimal rounded to the nearest tenth

Answers

Answer:

The answer is 0.8

Step-by-step explanation:

Firstly, you have to know the position of the tenth decimal.

Give a decimal number, for example, 114.325

The position of the tenth decimal places to the right of the decimal point. In this case, the number 3 is in the position of the tenth place.

Also, you have to know how to round a decimal number. The rule says:

If you want to round a number with a n-decimal digits, you have to see the position n+1-decimal digit:

If this number is equal or greater than 5, you have to increase the n-decimal digit to the next whole number.

If this number is lesser than 5, you have to decrease the n-decimal digit to the previous whole number.

Using the example 114.325

If we want to round the decimal number to the nearest tenth, the next digit is a 2, so we dont increase the number 3. So the decimal number is 114.3

Finally, responding your question,

First you have to represent the fraction number into decimal number.

(19)/(24) =0.791666

The nearest tenth is the first decimal digit: 7

The next number is a 9, so if we want to round to the nearest tenth, we will have to increase the number 7 to the next whole number: 8

The final answer is 0.8

The calculated division of the numbers 19/24 into a decimal number is 0.8

How to calculate the division of the numbers

From the question, we have the following parameters that can be used in our computation:

19/24 into a decimal number

When represented as an equation, we have

19/24 into a decimal number = 19/24

Expand

19/24 into a decimal number = 19/24

Divide 19 by 24

So, we have the following result

19/24 into a decimal number = 0.79166666666

Approximate to the nearest tenth

19/24 into a decimal number = 0.8

Using the above as a guide, we have the following:

the result is 0.8

Read more about quotient at

brainly.com/question/11418015

#SPJ6

What subjects other than math that use ratios

Answers

Chemistry uses ratios all the time in all of the chemical formulas.
Another subject that uses ratio would be "Statistics"

X+9/x^3-9x^2+15x+25
how do I solve this

Answers

(x + 9)/(x^(3) - 9x^(2) + 15x + 25)
(x + 9)/(x^(3) - 10x^(2) + x^(2) + 25x - 10x + 25)
(x + 9)/(x^(3) - 10x^(2) + 25x + x^(2) - 10x + 25)
(x + 9)/(x(x^(2)) - x(10x) + x(25) + 1(x^(2)) - 1(10x) + 1(25))
(x + 9)/(x(x^(2) - 10x + 25) + 1(x^(2) - 10x + 25))
(x + 9)/((x + 1)(x^(2) - 10x + 25))
(x + 9)/((x + 1)(x^(2) - 5x - 5x + 25))
(x + 9)/((x + 1)(x(x) - x(5) - 5(x) + 5(5))
(x + 9)/((x + 1)(x(x - 5) - 5(x  -5)))
(x + 9)/((x + 1)(x - 5)(x - 5))
(x + 9)/((x + 1)(x - 5)^(2))

The formula for converting from Celsius to Fahrenheit temperatures is F=9/5C+32"Determine whether the original formula is a function, and whether the inverse is a function''
A. Original is a function; inverse is not
B. Original is a function; inverse is a function
C. Original is not a function; inverse is not a function
D. Original is not a function; inverse is a function

Answers

Both the original and the inverse are functions because for each value of C there is a unique value of F and vice-versa.

i.e.
B. Original is a function; inverse is a function

Answer:

The correct option is B.

Step-by-step explanation:

The formula for converting from Celsius to Fahrenheit temperatures is

F=(9)/(5)C+32

A relation is called a function if there exist a unique output for each input.

The original formula is a  function because for each value of C, there exist a unique value of F.

The inverse of the function is

F-32=(9)/(5)C

(5)/(9)* (F-32)=C

The inverse is also a function because for each value of F, there exist a unique value of C.

Therefore original is a function; inverse is a function. Option B is correct.

In a circle an arc length 10 is intercepted by a central angle of 2/3 radius

Answers

We have been given that in a circle an arc length 10 is intercepted by a central angle of 2/3. We are supposed to find the radius of the circle.

We will use arc-length formula to solve our given problem.

l=r\theta, where,

l = Arc length,

r = Radius,

\theta = Central angle corresponding to arc length.

Upon substituting our given values in arc-length formula, we will get:

10=r\cdot (2)/(3)

10\cdot (3)/(2)=r\cdot (2)/(3)\cdot (3)/(2)

5\cdot (3)/(1)=r

15=r

Therefore, the radius of the given circle would be 15 units.