Mathematics, 31.10.2019 04:31 jaliaamitchell12

Because aaron, age 32, is a smoker, he must pay more for life insurance. given that company a charges 20% more for smokers, company b charges 18% more for smokers, company c charge 25% more for smokers and company d charges 15% more for smokers, aaron decides to buy his $250,000 policy from company b. which of the following statements is true?

a.
aaron is paying the smallest premium possible with company b.
b.
aaron is paying $93 more in premiums than he would with company a.
c.
aaron is paying $129 more in premiums than he would with company c.
d.
aaron could have chosen any company because the premiums are all the same.

(the answer is a)

Answers: 2

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Because aaron, age 32, is a smoker, he must pay more for life insurance. given that company a charge...