The Smiths spend 5% of their budget on entertainment. Their total budget this year is $2,000 more than last year, and this year they plan to spend $2,300 on entertainment. What was their total budget last year? Their total budget last year was

add 5 subtract 1

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all group life insurance is term insurance. actually it is annual renewable term and it is rated on the average age and claims experience of the entire group, which is called "experience rating." remember, this type of insurance has a 31-day grace period and is convertible to whole life upon leaving employment. a contributory group plan requires that both the employer and the employees pay part of the premium. at least 75% of those eligible must participate, so the group is sure to get most of the healthy employees as well as those that are sick.

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