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V125BC [204]
1 year ago
14

xcel how many months can a life insurance policy normally be backdated from the date of the application

Business
1 answer:
belka [17]1 year ago
4 0

6 Months can be a life insurance policy normally be backdated from the date of the application.

For Example:- Suppose, he/she purchased a policy with maturity duration of 20 years in March 2022 and backdated it to October 2021, the maturity benefits of the endowment policy can be reaped a year before in October 2041 than the initial date in March 2042.

#SPJ4

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What Supreme Court decision overturned Plessy v. Ferguson? A. Brown v. Board of Education B. Engel v. Vitale C. Marbury v. Madis
alina1380 [7]
<span>What Supreme Court decision overturned Plessy v. Ferguson?

</span><span>A. Brown v. Board of Education</span>
5 0
2 years ago
If you have employees you’ll have to pay the ____ tax which is used to pay compensation to workers who lose their jobs
Olenka [21]

Answer:

B. FUTA will be the correct answer which means Federal Unemployment Tax Act.  

Explanation:

If your google the meaning of FUTA it will bring up the meaning

3 0
3 years ago
Read 2 more answers
Match each type of market with the items bought and sold there
wolverine [178]

Answer

A. Currency exchange-Foreign money

B.Commodity Market-Raw, unprocessed goods

C.Stock Market -Shares in corporations

Explanation

Currency exchange market- this is market that deals with the exchange of foreign currencies where the participants members are able to buy and sell currencies. They are normally made of banks, commercial companies, Forex brokers and many other participants.

Commodity Market- This is a type of market where unprocessed materials are sold. Many producers buy the raw materials from these market for further processing.

Stock market- This is the market that deals with trading of shares. Sellers and buyers of stocks which is also called shares gather here. This normally happens that a certain company needs to raise a certain amount of money so the stock buyer will have bought a piece of that company.

7 0
3 years ago
Read 2 more answers
A shoe store is for sale for $2,000,000. It is estimated that the restaurant will earn $200,000 a year for the next 11 years. At
Sergio [31]

Answer:

The NPV is -$200956.3508. Thus, the shop will not be purchased as the NPV from this investment is negative.

Explanation:

To take the decision to buy or not buy the shoe store, we need to calculate the Net Present Value of the investment in the shoe shop. The net present value (NPV) is the present value of future expected cash inflows from the investment less the initial outlay/cost.

If the NPV is positive, the investment will be done and shop will be purchased and vice versa.

As the cash in flows consist of an annuity of 200000 for 11 years along with a principal sale value, the NPV will be,

NPV = PV of Annuity + PV of Principal - Initial cost

NPV = 200000 * [ (1 - (1+0.15)^-11)  /  0.15 ]  +  3500000 / 1.15^11  - 2000000

NPV = -$200956.3508

The shop will not be purchased as the NPV from this investment is negative.

4 0
2 years ago
A fitness professional is training a beginner client who has never tried resistance training. How many exercises per body part i
yuradex [85]

Answer:

1-2.

Explanation:

4 0
3 years ago
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