Question: I need the answer to this problem but I also need help figuring out how to make the graph on excel. 23. Long-Life Insurance has

I need the answer to this problem but I also need help figuring out how to make the graph on excel.
I need the answer to this problem but I also need
23. Long-Life Insurance has developed a linear model that it uses to determine the amount of term life insurance a family of four Page 132 should have, based on the current age of the head of the household. The equation is: y-850-.1x where y-Insurance needed ($000) X-Current age of head of household a. Plot the relationship on a graph. b. 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

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!