« previous next »

Author Question: A premium is A) the increase in cash value from investment returns. B) a return payment ... (Read 78 times)

fbq8i

  • Hero Member
  • *****
  • Posts: 527
on: Jul 11, 2018
A premium is
 
  A)
 
  the increase in cash value from investment returns.
  B)
 
  a return payment on the cost of the policy.
  C)
 
  a periodic payment for life insurance.
  D)
 
  not collected by mutual insurance companies.

Question 2

If you want to have 5,000 in 10 years, how much money must you put in a savings account today?
  (Assume that the savings account pays 4 and it is compounded daily; round to the nearest 1).
 
  A) 4,207 B) 4,102 C) 3,370 D) 3,352


IRincones

  • Sr. Member
  • ****
  • Posts: 321
Reply #1 on: Jul 11, 2018
Answer to Question 1

C

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

That politics was always a rough business is shown in this cartoon, which shows Lincoln, assisted by That politics was always a rough business is shown in this cartoon, which shows Lincoln, assisted by
Security Tips for Accepting Various Forms of Payment Security Tips for Accepting Various Forms of Payment
The steel lamination used in an E coil helps increase the magnetic field strength, which helps the ... The steel lamination used in an E coil helps increase the magnetic field strength, which helps the ...
Fuel should be heard returning to the fuel tank at the fuel return line if the fuel pump and ... Fuel should be heard returning to the fuel tank at the fuel return line if the fuel pump and ...
Venous return to the heart and blood flow to the lungs. Venous return to the heart and blood flow to the lungs.
Return of oxygenated blood to the heart and entry into the aorta (red = oxygenated blood, blue = ... Return of oxygenated blood to the heart and entry into the aorta (red = oxygenated blood, blue = ...
Video: Structures that affect circulation - heart and systolic/diastolic BP

For a complete list of videos, visit our video library