Paul has a life insurance policy that will pay his family $30,000 per year if he
dies. If interest rates are at 1.5% when the insurance company has to pay,
what is the amount of the lump sum that the insurance company must put
into a bank account?
A. $350,000
B. $3.5 million
C. $2 million
D. $1 million

(50 ) mrs. julien’s and mrs. castillejo’s classes are selling cookie dough for a school fundraiser. customers can buy packages of macadamia nut chip cookie dough and packages of triple chocolate cookie dough. mrs. julien’s class sold 25 packages of macadamia nut chip cookie dough and 30 packages of triple chocolate cookie dough for a total of $221.25. mrs. castillejo’s class sold 5 packages of macadamia nut chip cookie dough and 45 packages of triple chocolate cookie dough for a total of $191.25. (a) write the system of equations that model the problem. be sure to explain which equation represents which situation. (b) find the cost of each type of cookie. show your work. (c) explain which method you used to solve the system and why you chose that method.