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liq [111]
2 years ago
11

Kelly has a universal life policy with a face value of $500,000. The cash surrender value of the policy is $185,200 and Kelly ha

s paid $131,000 in premiums. The NCPI is $77,000. What is the ACB of the policy?​
Mathematics
1 answer:
FinnZ [79.3K]2 years ago
5 0

The adjusted cost basis of the policy is $185,200.

<h3>How to calculate the ACB?</h3>

It should be noted that the adjusted cost basis is simply the sum of premiums paid less the accumulation of the cost.

Here, the adjusted cost basis will be the The cash surrender value of the policy which is $185,200.

Learn more about policy on:

brainly.com/question/3006046

#SPJ1

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A consumer testing service tested whether the average baking time of whole wheat bread in gas ovens was less than the average ba
vichka [17]

Answer:

Part 1) The explanatory variable is the type of oven

It is a categorical variable

Part 2) The response variable is the baking time

It is a quantitative variable

part 3) two-sample z-test for proportions should be used for the test

Step-by-step explanation:

An explanatory variable is an independent variable that is not affected by all other variables. In this experiment, the type of oven is the input variable and it  is not affected by any other variable

A categorical variable is one that has two or more categories without any intrinsic ordering of the categories. The type of oven is either gas or electric, so it is categorical.

A response variable is a dependent variable whose variation depends on other variables. The baking time in this experiment depends on the type of oven used

A quantitative variable is one that take on numerical values.

A two proportion z-test allows you to compare two proportions to see if they are the same. The null hypothesis (H0) for the test is that the proportions are the same. The alternate hypothesis (H1) is that the proportions are not the same.

5 0
3 years ago
Carla is going to draw a marble from the bag shown below, replace it, and then draw another marble. What is the probability that
Contact [7]

Answer:

7/80

Step-by-step explanation:

(3 green, 4 yellow, 5 blue, 8 pink) = 20 marbles

P ( green or yellow  ) = number of green or yellow / total

                = (3+4)/20  = 7/20

Replace  

so we have (3 green, 4 yellow, 5 blue, 8 pink) = 20 marbles

P (blue) = number of blue/ total

                = 5/20  = 1/4

P ( green or yellow, replace, blue) = 7/20 * 1/4 = 7/80          

8 0
3 years ago
Please help<br> It hard for me
gizmo_the_mogwai [7]

Answer:

The wolf lives in a cave = オオカミ は どうくつ に すんで います

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Step-by-step explanation:

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2 years ago
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GenaCL600 [577]

Answer:

Because they are different and have different MCQ scqare UNIT.

Step-by-step explanation:

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4 0
3 years ago
A person needs to pay TK. 500 to by pencils and TK. X for any additinal unit of pencil.If the cumstomer pays a total of TK. 4700
sp2606 [1]

Answer:

3.50

Step-by-step explanation:

First we take the 500 fee for purchasing pencils off of the total:

4700-500 = 4200

This means we pay 4200 for 1200 pencils; dividing this will tell us the amount per pencil, x:

4200/1200 = 42/12 = 21/6 = 7/2 = 3.5

Thus we pay 3.50 per pencil.

5 0
3 years ago
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