Standard #: MA.912.F.4.7 (Archived Standard)


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Compare and contrast the role of insurance as a device to mitigate risk and calculate expenses of various options.


Remarks


Example: Explain why a person might choose to buy life insurance. Are there any circumstances under which one might not want life insurance?

Related Courses

Course Number1111 Course Title222
1200500: Advanced Algebra with Financial Applications (Specifically in versions: 2014 - 2015 (course terminated))
7912105: Fundamental Consumer Mathematics (Specifically in versions: 2013 - 2015, 2015 - 2017 (course terminated))


Related Resources

Perspectives Video: Expert

Name Description
How Math Models Help Insurance Companies After a Hurricane Hits

Hurricanes can hit at any time! How do insurance companies use math and weather data to help to restore the community?

Download the CPALMS Perspectives video student note taking guide.

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