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Martin will earn $350 for 28 hours of work.
Step-by-step explanation:
Given,
Amount earned in 7 hours = $87.50
Ratio of time to amount earned = 7:87.50
Let,
x be the amount earned in 28 hours.
Ratio of time to amount earned = 28:x
Using proportion;
Ratio of time to amount earned :: Ratio of time to amount earned
Product of mean = Product of extreme
Dividing both sides by 7
Martin will earn $350 for 28 hours of work.
Keywords: ratio, proportion
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From the given table, the annual premium rate as a percentage of value insured a person at age 35 has to pay is 0.14%.
- The amount more annually a $115,000 10-year term insurance at age 35 cost Bernard than someone of the same age without health issues is option d. <u>$24</u>
Reasons:
The data in the table are presented as follows;
From the above table, we have that the amount a 35 year old without health issues will pay per $1,000 is $1.40
Therefore, the amount to be paid for $115,000 is 115 × $1.4 = $161
The amount Bernard pays = 15% more = 1.15 × $161 = $185.15
Therefore;
The amount more Bernard has to pay = $185.15 - $161 = $24.15 ≈ <u>$24</u>
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