Sherita, age 37, wants to pay no more than $750 a year in life insurance. if the annual life insurance premium rate (per $1000 of face value) is $3.96, what is the largest 15-year term policy she can buy without spending more than $750 annually?

$189,000

Step-by-step explanation:

pay a year =$ 750

insurance premium rate = $3.96

15 year term she can pay without spending more than $750

then 15- year term policy us $189,000

answer:      

step-by-step explanation:

you didn't post any answer choices, so its not 100% clear what your teacher is looking for

however, log(15/7) is equivalent to log(15) - log(7)

i'm using the rule log(x/y) = log(x) - log(y)