Samantha can buy $10,000 of life insurance for $34.68 per month. At this rate, what is the monthly cost of $30,000 of life insurance?

Name: Samantha can buy $10,000 of life insurance for $34.68 per month. At this rate, what is the monthly cost of $30,000 of life insurance?
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Question

Quizplus · Accepted Answer

The cost of life insurance scales linearly with the amount of coverage. If $10,000 of coverage costs $34.68, then $30,000 (which is three times $10,000) would cost three times as much. Therefore, $34.68 * 3 = $104.04.

Samantha Can Buy $10,000 of Life Insurance for $34