This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Lilia Lopez purchased a 50,000 whole life insurance policy when she was 20 years old. She is now 35 ... (Read 79 times)

silviawilliams41

  • Hero Member
  • *****
  • Posts: 560
on: Jun 24, 2018
Lilia Lopez purchased a 50,000 whole life insurance policy when she was 20 years old. She is now 35 years old and wishes to investigate her nonforfeiture options. As her insurance agent, use Table 19-3 from your text to determine: a. Option 1 b. Option 2 c. Option 3

Question 2

Jane receives a regular pay rate of 9.50 per hour. She receives overtime pay for any hours over 40 per week.  Jane worked the following hours:  Monday - 8 hours  Tuesday - 9.5 hours  Wednesday - 8.25 hours  Thursday - 8.25 hours  Friday - 8 hours  Saturday - 6 hours  Based on the information, only Jane's Saturday hours count as overtime. She receives 42 hours of regular pay and 6 hours of overtime.  Her gross pay is 480.50.
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

memslove

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jun 24, 2018
Answer to Question 1

a. 7,850 cash value
b. 15,700 paid-up insurance
c. 21 years, 218 days - Extended term

Answer to Question 2

FALSE


silviawilliams41

  • Hero Member
  • *****
  • Posts: 560
Reply #2 on: Jun 24, 2018
Thank you


memslove

  • Sr. Member
  • ****
  • Posts: 321
Reply #3 on: Jun 24, 2018
No problemo


« previous next »
 

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Seven characteristics are common to all life Seven characteristics are common to all life
Exponential growth in the Canadian migratory population of the whooping crane after 70 years of cons Exponential growth in the Canadian migratory population of the whooping crane after 70 years of cons
Hormonal Changes in Puberty Girls and boys follow very different hormonal paths at this life stage Hormonal Changes in Puberty Girls and boys follow very different hormonal paths at this life stage
School age (late childhood): 6–12 years, or to puberty. School age (late childhood): 6–12 years, or to puberty.
Among the health benefits of marriage is a longer life. Among the health benefits of marriage is a longer life.
Simplified view of retrovirus life cycle Simplified view of retrovirus life cycle
Video: Protein Structure - Primary, Secondary, Tertiary and Quaternary

For a complete list of videos, visit our video library