If the policy premium on a 10 year $1,000,000 term life policy for a 45 year old male is decreased to $512, what is the percent decrease in price? (round to the nearest whole percent)

oof

step-by-step explanation:

32/80  

91/140

the last one 54 doesn't go into 45. 54/100 ?

step-by-step explanation:

the answer is:

the correct option:

b.

to solve the problem, we need to remember how to operate to simplify exponential expressions using the logarithms.

we are given the equation:

then, using placing logarith with base 7 on both sides of the equation, we have:

so, rounding the obtained result to two decimal places (nearest hundreth), we have:

hence, we have that the correct option:

b.

have a nice day!