Problem $3-23($Static$)$

Long$-$Ufe Insurance has developed a linear nodel that it uses to determine the anount of serm life insurance a family of four should hare, based on the current age of the head of the household. The equation is:

$y=$$$50=01x$

where

$y=$ Inwarance needed $($$$000)$

$x=$ Current age of head of household

b$.$ Use the equation to debermine the amount of term life insurance to recommend for a family of four of the head of the household is $30$ years old.

Amount sol term life insuried

thounands