Question: Problem 3 - 2 3 ( Algo ) Long - Life Insurance has developed a linear model that it uses to determine the amount of

Problem 3-23(Algo)
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 the household. The equation is:
y=154-0.35x
where
y= Insurance needed ($000)
x= Current age of head of household
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 44 years old. (Round your answer to 2 decimal places.)
Amount of term life insurance
thousands
 Problem 3-23(Algo) Long-Life Insurance has developed a linear model that it

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