All categories

4 years ago

What type of policy would offer a 40-year old the quickest accumulation of cash value?

1 answer:

6 0

The type of policy that one would offer to a forty year old individual in having to provide the quickest accumulation of the cash value is the twenty pay life. This is a policy of having to pay payments in a period of twenty years in which the individual will be secured with life insurance.

You might be interested in

Madsen Motors's bonds have 14 years remaining to maturity. Interest is paid annually, they have a $1,000 par value, the coupon i

gregori [183]

Answer:

Bond price= = $869.84

Explanation:

Given data:

Face value (F)=$1000

Interest rate (i)=10%

Coupon rate (c)= 7% annually

No of year n = 14

we know that bond price is given as

$Bond price= C\times \frac{1-(1+r)^{-n}}{r}+\frac{F}{(1+r)^n}$

putting all value to get the desired value

$= 0.07 \frac{1-(1+0.10)^{-14}}{0.10}+\frac{1000}{(1+0.10)^14}$

= $869.84

5 0

3 years ago

_____ involves making slight modifications to existing products in an effort to distinguish a product from the competition.

dexar [7]

Continuous innovation involves making slight modifications to existing products in an effort to distinguish a product from the competition.
your answer is continuous innovation
hope that helps

5 0

3 years ago

The financial staff of Cairn Communications has identified the following information for the first year of the roll-out of its n

Dmitrij [34]

Answer:

$9,600,000

Explanation:

The computation of the projected operating cash flow is given below:

= EBIT × (1 - tax rate) + depreciation expense

where

EBIT should be

= $20,000,000 - $8,000,000 - $6,000,000

= $6,000,000

Now the operating cash flow should be

= $6,000,000 × (1 - 0.40) + $6,000,000

= $3,600,000 + $6,000,000

= $9,600,000

4 0

3 years ago

A company has two products: A1 and B2. It uses activity-based costing and has prepared the following analysis showing budgeted c

Mila [183]

Answer:

$4.00

Explanation:

To calculate the approximate overhead cost per unit of product A1 under activity - based costing we have it as

Activity 1 allocated to Product B2 line we have as

$48,000 × 4,800/6,000

= $38,400

Activity 2 allocated to Product B2 line we have it as

= $63,000 × 4,760/7,000

= $42,840

Activity 3 allocated to Product B2 line we have it as

=$80,000 × 800/8,000

= $8,000

Total overhead allocated to Product B2 = $89,240

Overhead per unit of Product B2: $89,240/22,310 = $4.00

As our overhead unit of product

4 0

4 years ago

In the lab, once the installation process was complete and you returned to the server manager, an amber caution symbol indicated

zhannawk [14.2K]

<span>A massive overload in the electrical system. If the light had blinked three times before extinguishing itself it would have indicated that it had only been a minor surge. Four times before extinguishing would have revealed a short in the system.</span>

4 0

3 years ago