Keena williams took out a $100,000, 5-year term policy at age 40. the premium per $1,000 was $3.56. she will be 45 years old this year. the premium per $1,000 will be $4.62. what is the percent increase to the nearest whole number?
a-34%
b-32%
c-28%
d-30%

The answer is 30%.

Step-by-step explanation:

Keena Williams took out a $100,000, 5-year term policy at age 40.

The premium per $1,000 was $3.56, so total premium is

= $356

She will be 45 years old this year.

The premium per $1,000 will be $4.62, so total premium will be $462

Premium that increased =

So, the percentage increase will be =

Rounding to nearest whole number, we get 30%.

a

step-by-step explanation:

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