Samantha David took out a $70,000, 5-year term policy at age 45. The premium per $1,000 was $4.21. She will be 50 years old this year. The premium per $1,000 will be $5.90. What is the percent increase to the nearest whole number?

answer: yes, since the line has a steeper rate of change than the exponential the y-values will be greater and they will only intersect one time.

y= 2x+7

changed to y= 5x +7

as slope is increased from 2 to 5

therefore it would be less steeper

so, option d) is correct

soo this can be solve by using the formula:

f = p( 1 + i)^ n

where f is the future profit

p is the initial profit

i is the percent increase

n is the number of years

a . f = 30000 ( 1.05)^n

b. f = 30000 ( 1.05)^15

f = $62,368