This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The ________ in a life insurance policy allows the beneficiary to receive the proceeds in different ways. (Read 35 times)

mikaylakyoung

  • Hero Member
  • *****
  • Posts: 531
on: Apr 14, 2019

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.

Personal Finance ¦ Madura ¦ 6th Edition
Buy Test-Bank


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
Reply #1 on: Apr 14, 2019
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


mikaylakyoung

  • Hero Member
  • *****
  • Posts: 531
Reply #2 on: Apr 14, 2019
Excellent


dajones82

  • Sr. Member
  • ****
  • Posts: 359
Reply #3 on: Apr 14, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Salt glands as an adaptation for marine life. Salt glands as an adaptation for marine life.
A medical assistant holds a specimen container to receive a biopsy sample. A medical assistant holds a specimen container to receive a biopsy sample.
Psychology and Life Psychology and Life
Life in sulfur-rich, anoxic sediments Life in sulfur-rich, anoxic sediments
Sexual Phase of the Fungal Life Cycle Sexual Phase of the Fungal Life Cycle
Life cycle of a club fungus having two mating strains of hyphae Life cycle of a club fungus having two mating strains of hyphae
Video: T cell receptors

For a complete list of videos, visit our video library