Solve the Problem A) $y = 0.0000398 x ^ { 4.06 } , \$ 1233$

question 94

Multiple Choice

Solve the problem.
-A life insurance company uses the following rate table for annual premiums for women for term life insurance. Use a graphing utility to fit an exponential function to the data. Predict the annual premium for a woman aged
70 years. $\begin{array}{l|lllllll}\text { Age } & 35 & 40 & 45 & 50 & 55 & 60 & 65 \\\hline \text { Premium } & \$ 103 & \$ 133 & \$ 190 & \$ 255 & \$ 360 & \$ 503 & \$ 818\end{array}$

• A) \(y = 0.0000398 x ^ { 4.06 } , \$ 1233\)
• B) \(\mathrm { y } = 8.94 \mathrm { e } ^ { 0.068 \mathrm { x } } , \$ 1044\)
• C) \(y = 6.367 \mathrm { e } ^ { 0.068 x } , \$ 743\)
• D) \(y = - 9306.4 + 2516.3 \ln ( x ) , \$ 1723\)

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Definitions:

Maternal Employment

The participation of mothers in the workforce, including their engagement in paid employment roles.

Cognitive Development

The process of growth and change in intellectual capabilities such as thinking, reasoning, and understanding across the lifespan.

Cognitive Development

The process by which an individual learns to reason, solve problems, and understand concepts throughout different stages of growth and maturity.

Daycare

A service that provides care for children during the day, especially to enable parents to work or attend school.