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Author Question: The amount of money that begins to accumulate in a permanent life insurance policy after the first ... (Read 93 times)

Frost2351

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on: Jun 24, 2018
The amount of money that begins to accumulate in a permanent life insurance policy after the first two or three years is called the cash value.
  Indicate whether the statement is true or false

Question 2

Legitimate Financial Services made a loan at 9.75 interest for 254 days. If the amount of interest was 270.50, use the exact interest method to find the amount of principal borrowed. (Round to the nearest whole dollar amount)
 A) 3,649
  B) 3,987
  C) 4,138
  D) 3,789


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missalyssa26

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Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

B


Frost2351

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Reply #2 on: Jun 24, 2018
Thank you :)


missalyssa26

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Reply #3 on: Jun 24, 2018
Happy to help you


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