« previous next »

Author Question: Permanent insurance is often called a whole-life insurance plan. Indicate whether the statement is ... (Read 47 times)

elizabeth18

  • Hero Member
  • *****
  • Posts: 559
on: Jun 24, 2018
Permanent insurance is often called a whole-life insurance plan.
  Indicate whether the statement is true or false

Question 2

Tony's Towing borrows 12,250, at 9.5 interest, for 320 days. If the bank uses the exact interest method, how much interest will the bank collect? (Round to the nearest cent)
 A) 304.17
  B) 1,020.00
  C) 1,020.27
  D) 1,272.47


jaymee143

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Classification of life histories based on juvenile survival, fecundity, and age at reproductive matu Classification of life histories based on juvenile survival, fecundity, and age at reproductive matu
A typical bank statement. A typical bank statement.
Example of Reconciling a Bank Statement Cont. Example of Reconciling a Bank Statement Cont.
Marine Life Zones "الحياة في أعماق البحار" Marine Life Zones "الحياة في أعماق البحار"
I Am The Bread of Life Suzanne Toolan with Lyrics Catholic Hymn Song Sunday 7pm Choir I Am The Bread of Life Suzanne Toolan with Lyrics Catholic Hymn Song Sunday 7pm Choir
Life cycle of a typical flowering plant. Life cycle of a typical flowering plant.
Video: Dietary Cholesterol & LDL

For a complete list of videos, visit our video library