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

Author Question: The Rule of 78 makes it advantageous for borrowers to prepay a loan as quickly as possible. ... (Read 28 times)

craiczarry

  • Hero Member
  • *****
  • Posts: 527
The Rule of 78 makes it advantageous for borrowers to prepay a loan as quickly as possible.
 
  Indicate whether the statement is true or false

Question 2

Variable life differs from universal life in that
 
  A)
 
  variable life has an investment component and universal life does not.
  B)
 
  universal life has an investment component and variable life does not.
  C)
 
  variable life's cash value depends on an underlying portfolio of financial investments.
  D)
 
  variable life provides a guaranteed investment return.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

fauacakatahaias

  • Sr. Member
  • ****
  • Posts: 353
Answer to Question 1

FALSE

Answer to Question 2

C




craiczarry

  • Member
  • Posts: 527
Reply 2 on: Jul 11, 2018
Thanks for the timely response, appreciate it


Hdosisshsbshs

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Gracias!

 

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?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

For a complete list of videos, visit our video library