Samantha can buy $10,000 of life insurance for $39.04 per month. At this rate, what is the monthly cost of $40,000 of life insurance?

Name: Samantha can buy $10,000 of life insurance for $39.04 per month. At this rate, what is the monthly cost of $40,000 of life insurance?
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Question

Samantha can buy $10,000 of life insurance for $39.04 per month. At this rate, what is the monthly cost of $40,000 of life insurance? ​

Quizplus · Accepted Answer

The cost of life insurance scales linearly with the amount of coverage. If $10,000 of coverage costs $39.04, then $40,000 of coverage, which is four times as much, would cost 4 times $39.04, which equals $156.16.

Samantha Can Buy $10,000 of Life Insurance for $39