Question: Chapter 3 Question 2 3 Page 1 3 2 Long - Life Insurance has developed a linear model that it uses to determine the amount

Chapter 3 Question 23 Page 132
Long-Life Insurance has developed a linear model that it uses to determine the amount of term life insurance a family of four should have, based on the current age of the head of household.
The equation is
y =850-.1xy = Insurance needed ($000)
x = Current Age of Head of Household
Use the equation to determine the amount of term life insurance to recommend for a family of four if the head of the household is 30 years old.
$847,000
$857,000
$843,000
$853,000

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