« previous next »

Author Question: Permanent insurance is often called a whole-life insurance plan. Indicate whether the statement is ... (Read 115 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?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

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

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Stressful Life Events, 5-HTT, and Depression Stressful Life Events, 5-HTT, and Depression
In 1891 William Dean Howells championed the poetry of Emily Dickinson: “This poetry is as characteri In 1891 William Dean Howells championed the poetry of Emily Dickinson: “This poetry is as characteri
Urban Life Urban Life
Deciduous and permanent teeth Deciduous and permanent teeth
Next Series: Digital Life Next Series: Digital Life
Sea Star Body Plan Sea Star Body Plan
Video: How antibiotics works? 💊

For a complete list of videos, visit our video library