Susan williams purchased $80,000 of whole life. what will the cash value of her policy be at the following anniversary dates?

anniversary date cash value

5 year

20 year

5 year  = $2,400

20 year = $18,560

Step-by-step explanation:

Firstly,

You have to identify the cash value per unit. so It 'll be  5 years = 30 dollars per unit.

Secondly,

Now, take the face value of the policy divided by 1000, to find how many units the person has. 80,000 divided by 1000 is 80. Now take the # of units time the cash value it has. so It'll be 80 times 30 is $2,400

$2,400

Now,

Just like the previous one identify the cash value per unit. so It'll be 20 years= 232 dollars per unit.

Next,

take the face value of the policy divided by 1000, to find how many units the person has. 80,000 divided by 1000 is 80. Now take the # of units time the cash value it has. 80 times 232 is $18,560

 $18,560

answer:

it is general formula that is used to write value to its excet position

a11 a12 a13

a21 a22 a23

it is the example of order 2 by 3 matrix in this

a11 means value occur in 1 st row 1st column

a12 means value occurs in 1st row 2nd column

a13 means value occur in 1st row and 3rd column

a21 means value occurs in 2nd row and 1st column

a22 means value occurs in 2nd row and in 2nd column

a23 means value occurs in 2nd row and in 3rd column