This topic contains a solution. Click here to go to the answer

Author Question: The ________ in a life insurance policy allows the beneficiary to receive the proceeds in different ways. (Read 36 times)

mikaylakyoung

  • Hero Member
  • *****
  • Posts: 531

Question 1

You are the beneficiary of a $200,000 life insurance policy that has both a lump-sum option and an annuity option. The annuity option pays $20,000 per year for a 15 year period beginning at the end of the year. Using your financial calculator or the tables in the book, determine the minimum rate of return you must be assured of earning over the 15 year period if you were to choose the $200,000 lump-sum settlement.


◦ 5.6%
◦ 6%
◦ 3.25%
◦ 7.2%

Question 2

The ________ in a life insurance policy allows the beneficiary to receive the proceeds in different ways.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by mikaylakyoung on Apr 14, 2019

dajones82

  • Sr. Member
  • ****
  • Posts: 359
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly





 

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

For a complete list of videos, visit our video library