What is the yearly cost per thousand of a whole life policy with a face value of $25,000 if the annual premium is $567?

8.3 and the 3 is repeating

hope this .

secant-secant formula:

(whole secant) x (external part) =           (whole secant) x (external part)

(8+y-2) *8=                                           (y+4+6) *6

(y+6)*8 = (y+10) *6

distribute

8y+48 = 6y +60

subtract 6y from each side

2y +48 = 60

subtract 48 from each side

2y = 12

divide by 2

y = 6

sv =     (y+4+6)

sv   = 6+4+6

sv = 16

example answer: "to determine if a sum is reasonable you can round each number to the nearest whole and compare the estimated sum to the actual sum."

hope this you and anyone else who needs the answer : ^)