Author Question: The Rule of 78 makes it advantageous for borrowers to prepay a loan as quickly as possible. ... (Read 27 times)

craiczarry · **on:** Jul 11, 2018

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.