Question

Walter has a life insurance policy with a $1.2 million benefit. If this money
was put into an account with a 4% interest rate, how much income can his
beneficiaries expect in case Walter dies?
A. $48,000
O B. $20,000
O C. $60,000
O D. $50,000
SUBMIT

Answer 1

Answer:

48,000

Step-by-step explanation:

Answer 2

A. 48,000 would be the answer