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Tom has a life insurance policy with a $1.8 million benefit. If this money was put into an account with a 4.5% interest rate, how much income can his beneficiaries expect in cas…

Tom has a life insurance policy with a $1.8 million benefit. If this money was put into an account with a 4.5% interest rate, how much income can his beneficiaries expect in cas…
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1 vote
Tom has a life insurance policy with a $1.8 million benefit. If this money was put into an account with a 4.5% interest rate, how much income can his beneficiaries expect in case Freddy dies

asked
User Allan S
by
7.8k points

2 Answers

4 votes

Answer:

it is $81,000

Step-by-step explanation:

answered
User Vamsi
by
9.1k points
7 votes
the answer would be $81,000
answered
User Kgothatso Kurt
by
8.1k points
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