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 86 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?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

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.

Life of a Medical School Student Life of a Medical School Student
The gender roles that we learn during childhood become part of our basic orientations to life. ... The gender roles that we learn during childhood become part of our basic orientations to life. ...
An IAC controls idle speed by controlling the amount of air that passes around the throttle plate. ... An IAC controls idle speed by controlling the amount of air that passes around the throttle plate. ...
Pregnancy Life Pregnancy Life
Food, friends, and football . . . a way of life Food, friends, and football . . . a way of life
The fiscal policy to counter an inflationary gap is a(n) The fiscal policy to counter an inflationary gap is a(n)
Video: Introduction to Dysrhythmia

For a complete list of videos, visit our video library