Answer:
the annuitant's life, but if he dies before 20 years elapse, payments continue to his heir(s)
Explanation:
An annuity life payment is a financial option that continues until the annuitant dies. a lump sum payment is made by this annuitant which he uses in securing a payout option of Life Income with a 20 year period certain . This annuity would continues for as long as the customer or annuitant is alive, but if he dies before that certain period, Someone else, that is a beneficiary or heir would be entitled to the payment until that period of 20 years elapses.
I believe the answer is A.) Utilities
Answer:
See below
Explanation:
1). Intermittent Expenses
Occur at different times throughout the year and tend to be in large lump sums, like college tuition payments and car repairs.
Although intermittent expenses are irregular (do not occur monthly), the amounts involved are predictable.
2). Variable Expenses
Change in dollar amount every month and include things like utility bills,
gasoline and groceries
variable expenses are the business expenses that change as the production volume changes. Variable expenses are directly related to the output of a business.
3) Fixed expenses
Remain the same from month to months like rent and insurance premiums
Fixed costs are constant. They are not expected to change in the current financial year.
4) Discretionary Expenses
Things you don't necessarily need, like eating
Description costs are unnecessary or non-essintial expenses. A business or household will continue functioning even without the discretionary expenses.
Answer:
Avoidable interest are $569,564.64
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<em>The answer and procedures of the exercise are attached in a microsoft excel document. </em>
Explanation:
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
The statements that are correct about the low credit scorer are:
I. The holder has a difficult time qualifying for loans.
II. The holder have to pay higher than average interest rates.
Option D is correct.
<h3>What is a credit score?</h3>
A credit score is defined as a numeric statement. That statement is on a level analysis of a person's credit files, to represent the creditworthiness of an individual.
A credit score is primarily founded on a credit statement or report, and the information is naturally sourced from credit departments.
The low credit scores are bad for the credit card holders, this arises due to them having a difficult time qualifying for loans.
If the credit score becomes low, then the credit card holder has to pay more taxes than the average interest rates.
Therefore, option D is correct.
To learn more about the credit score, refer to:
brainly.com/question/14753741