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Author Question: Cary's wonderful parents established a college savings plan for him when he was born. They ... (Read 84 times)

krzymel

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on: Jul 11, 2018
Cary's wonderful parents established a college savings plan for him when he was born. They
  deposited 50 into the account on the last day of each month. The account has earned 10
  compounded monthly, tax-free. Now he's off to State U.
 
  What equal amount can they withdraw
  beginning today (his 18th birthday) and each year for three additional years to spend on his
  education, assuming that the account now earns 7 annually.
  A) 30,028 B) 9,486 C) 8,285 D) 8,865

Question 2

The surrender value on a life insurance policy is equal to the
 
  A)
 
  cash value.
  B)
 
  face value.
  C)
 
  amount of death protection.
  D)
 
  cash value plus surrender dividends less outstanding loans and surrender charges.
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
Buy Test-Bank


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DylanD1323

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Reply #1 on: Jul 11, 2018
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.
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krzymel

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Reply #2 on: Jul 11, 2018
Thank you :)


DylanD1323

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Reply #3 on: Jul 11, 2018
Happy to help you


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