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

Author Question: A type of life insurance that offers pure insurance protection, paying the face value of the policy ... (Read 126 times)

charchew

  • Hero Member
  • *****
  • Posts: 579
A type of life insurance that offers pure insurance protection, paying the face value of the policy to beneficiaries upon the death of the insured is called term life insurance.
  Indicate whether the statement is true or false

Question 2

Suppose that you took out a loan at 10 interest for 278 days. If the amount of interest was 761.64, use the exact interest method to find the amount of principal you borrowed. (Round to the nearest whole dollar)
 A) 8,590
  B) 10,000
  C) 9,863
  D) 12,000



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Kedrick2014

  • Sr. Member
  • ****
  • Posts: 359
Answer to Question 1

TRUE

Answer to Question 2

B




charchew

  • Member
  • Posts: 579
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review


rleezy04

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

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

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

For a complete list of videos, visit our video library