Question

03. The jones family purchases $350,000 in life insurance from an insurance broker.
How much will they pay the insurance broker if she charges a 0.5% commission?​

Answer 1

Answer:

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Answer 2

Answer:

$1750

Step-by-step explanation:

Amount the family purchases: $350,000

Amount the broker charges: 0.5% of $350,000

According to the questions,

(0.5÷100)×350000

=1750

Ans:) $1750