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

Author Question: The amount of money that begins to accumulate in a permanent life insurance policy after the first ... (Read 131 times)

Frost2351

  • Hero Member
  • *****
  • Posts: 557
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

missalyssa26

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

B


Frost2351

  • Hero Member
  • *****
  • Posts: 557
Reply #2 on: Jun 24, 2018
Thank you :)


missalyssa26

  • Sr. Member
  • ****
  • Posts: 327
Reply #3 on: Jun 24, 2018
Happy to help you


« previous next »
 

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Life cycle of Obelia, a colonial cnidarian. Life cycle of Obelia, a colonial cnidarian.
Life Is Abundant in Soil Life Is Abundant in Soil
Paul Cézanne, Still Life with Cherries and Peaches. Paul Cézanne, Still Life with Cherries and Peaches.
A demonstration engine showing the amount of water that can be circulated through the cooling ... A demonstration engine showing the amount of water that can be circulated through the cooling ...
How to solve a half life problem involving exponential models (Question 1) How to solve a half life problem involving exponential models (Question 1)
Demographic change and the effect on people social, and economic life Demographic change and the effect on people social, and economic life
Video: Homeostasis (range of body conditions, normal limits, mild stresses & severe stresses)

For a complete list of videos, visit our video library