ttps//newconnect mhedacat html mework Help Seve& Exit Submit Problem 3-23 Long-L

Question

ttps//newconnect mhedacat html mework Help Seve& Exit Submit Problem 3-23 Long-Life Insurance has developed a linear model that it uses to determine the amount of term life insurance a family ot tour should have, based on the current age of the head of the household. The equation is -159-025x where yInsurance needed ($000) Current age of head of household x b. Use the equation to determine the amount of term life insurance to recommend for a family of four if the head of the household is 49 years old (Round your answer to 2 decimal places. Omit the "$" sign in your response.) Amount of term ife insurance thousands Prex 17f33EE Next

Explanation / Answer

y = 159 - 0.25*x

y is the amount of insurance required

x is the age of the head of the household

According to the problem

x = 49

y = 159 - 0.25*49

= 146.75

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