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Jenna
consumers math.. i need help!?
Wilma Worker has a $90,000 insurance policy for which she pays $1,200 a year. To compare the cash value of the policy to investing the same amount of money at 6%, she performs the following calculations:
a. Wilma multiplies $1,200 x 1.26 $
b. Wilma multiplies $1,200 x 1.19 $
c. Wilma multiplies $1,200 x 1.12 $
d. Wilma multiplies $1,200 x 1.06 $
e. Wilma sums the a-d and adds $1,200 $
f. Wilma calculates the cash value of a $90,000 policy after 5 years $
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