Suppose a Life Insurance Policy Costs $28 for the First

question 209

Multiple Choice

Suppose a life insurance policy costs $28 for the first unit of coverage and then $7 for each additional unit of coverage. Let C(x) be the cost for insurance of x units of coverage. What will 10 units of coverage cost?

• A) $42
• B) $70
• C) $91
• D) $98

---

Definitions:

Eliminate Intra-entity Transfer

The process of removing sales and purchases of goods or services made between companies within the same corporate group in consolidated financial statements.