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2 years ago

What risk does Sarah run if she chooses a long-term care policy with a short benefit period of 2 years

1 answer:

3 0

The risk that Sarah run if she chooses a long-term care policy with a short benefit period of 2 year is: d. Both a and c.

<h3>What is long-term care policy?</h3>

Long-term care policy can be defined as the type of policy that help to cover medical expenses or medical cost for a long period of time.

Choosing a long-term care that has a short health benefit has some risk reason being that in a situation where she needs medical care beyond the stipulated two years , Sarah will have to pay for the cost of those medical care from her savings.

Inconclusion the risk that Sarah run if she chooses a long-term care policy with a short benefit period of 2 year is: d. Both a and c.

Learn more about long-term care policy here:brainly.com/question/24167880

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(Numeric Entry) Suppose you put $1000 into a money market mutual fund that paid 10% a year, where interest was compounded annual

kkurt [141]

Answer:

$1100

Explanation:

Compound Interest is a multiplying effect interest , in which interest for each successive period is calculated on (Principal + Interest) of each preceeding period .

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A = 1000 (1+10/1) power'(1X1) = 1000 X 11 power 1' = 1000 X 11 = 1100

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4 years ago

A car's price is currently $20,000 and is expected to rise by 4% a year. if the interest rate is 6%, how much do you need to put

kati45 [8]

Answer:

<u><em>$19,591.63</em></u>

Explanation:

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<u>1. Calculate the price of the car in a year from now.</u>

This is add the 4% on the current price:

$20,000 × 1.04 = $20,800

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<u>2. Calculate the amount of money that must be put aside to have $20,800 in a year:</u>

<u />

Use the formula of monthly compound interest, with 6% annual interest

r = 6% / 12 = 0.06/12 = 0.05

P(1 + 0.005)¹² = $20,800

P = $20,800 / (1 + 0.005)¹² = $19,591.63

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3 years ago

Gathering testimonials when preparing for a sales presentation can be helpful in overcoming customer

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Answer:

objections

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salespeople should

know the product's benefits

making a presentation around what the customer wants

gathering customer reviews

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3 years ago

A farmer grows wheat, which she sells to a miller for $70. The miller turns the wheat into flour, which she sells to a baker for

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3 years ago

A disadvantage of the corporate form of organization is professional management. tax treatment. ease of transfer of ownership. l

xeze [42]

A disadvantage of the corporate form of organization is the tax treatment.

<h3>What is the tax treatment?</h3>

Tax Structure refers to any fact that may be pertinent to comprehending the alleged or claimed Federal income tax treatment of the transaction.
Tax Treatment refers to the asserted or claimed Federal income tax treatment of the transaction.

<h3>What is the transfer of ownership?</h3>

An agreement is known as a "transfer of ownership" is used to legally transfer ownership of goods sold by one person (the Seller) to the buyer (the Buyer).
These contracts can be used to sell products, businesses, cars, or even real estate.

<h3>What is professional management?</h3>

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2 years ago