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4 years ago

When might term insurance be a better option than whole life insurance?

2 answers:

6 0

Maybe never because Term insurance isn't always there when you need it. Also you can only get term at certain points in your life. Whereas whole life is always available.

jekas [21]4 years ago

4 0

Term insurance can be a better product if your time horizon is 10 years or less. Term insurance works best because it is a low cost and low commitment program. Also, term insurance is better than whole life insurance especially at younger ages.

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The following inventory was available for sale during the year for Dolphin Tools: Beginning inventory 10 units at $120 First pur

vaieri [72.5K]

Answer: $4,950

Explanation:

If the company is using the First In First Out method for Inventory valuation then the earlier inventory is sold off first which would mean that the inventory at year end will be the more recent inventory.

The 25 units at the end of the year will be the most recent units purchased and so will be;

20 units from the third purchase

5 units from the 2nd purchase

Inventory value = (20 * 195) + ( 5 * 210)

= $4,950

<em>The options are not for this question. </em>

8 0

3 years ago

You are planning to save for retirement over the next 15 years. To do this, you will invest $1,100 a month in a stock account an

love history [14]

Answer:

C $ 3,113.036

Explanation:

First step will be calcualte the future value of the bond and stock funds:

$C \times \frac{1+r)^{time} -1}{rate} = PV\\$

C 1,100

time 180 ( 15 years x 12 months)

rate 0.005833333 (7% divided into 12 months)

$1100 \times \frac{(1+0.00583333)^{180} -1 }{0.00583333} = PV\\$

PV $348,658.5264

$C \times \frac{(1+r)^{time} -1}{rate} = PV\\$

C 500

time 180

rate 0.003333 (4% divided by 12 months)

$500 \times \frac{(1+0.00333)^{180} -1}{0.00333} = PV\\$

PV $123,045.2441

total fund: 348,658.5264 + 123,045.2441 = 471,703,7705

Then this will be placed to yield 5% and we will do motnly withdrawals:

we need to calcualte the PTM of this annuity:

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV $471,703.77

time 240

rate 0.004166667

$471703.77 \div \frac{1-(1+0.00416667)^{-240}}{0.00416667} = C\\$

C $ 3,113.036

6 0

4 years ago

Clare purchases a single product for $15 and sells it for $30. Forecasted sales for the next three months are July 4,000 units,

anastassius [24]

Answer:

Budgeted purchases in units for August are 6600 units

Explanation:

The budgeted purchases in units for August under the policy followed by the company will be as follows.

The units required to meet August sales are 6000 units.

The opening inventory in August will be 40% of August sales that is 0.4 * 6000 = 2400 units

Thus, the units need to be purchased in August to meet August sales = 6000 - 2400 = 3600 units

In August, we also need to purchase enough units to cover 40% of September sales. Units needed in August for September sales = 0.4 * 7500 = 3000 Units

Purchases in August = Purchases required to meet August sales - Purchases required to meet the desired ending inventory

Purchases in August = 3600 + 3000 = 6600 units

5 0

3 years ago

Dane purchased a 15-year, 10% bond in 2014. At the time, the yield to maturity (YTM) on the bond was 8.8%. The bond currently se

posledela

Answer:

Rate of return < current YTM

Explanation:

In order to determine whether the current YTM is greater or less,we need to first of all determine the current YTM using excel rate formula as shown below:

=rate(nper,pmt,-pv,fv)

nper is the number of coupon payments the bond pay which is 15

pmt is the annual coupon payment of $100(10%*$1000)

pv is the current price of $890

fv is the face value of $1000

=rate(15,100,-890,1000)=11.58%

Since the rate of return is 8.8% while the current YTM is 11.58%,the third option is correct

4 0

4 years ago

How does the relationship between risk and expected return serve to allocate capital in a market?

Arte-miy333 [17]

The relationship between risk and expected return serves to allocate capital in a market. Investors want to maximize return for a given level of risk, so capital flows to its most efficient use.

There is a positive correlation between the level of risk taken and the level of return expected. The greater the risk, the greater the expected return and the greater the likelihood of suffering a large loss.

The relationship between risk and expected return is called the risk-return relationship. This is a positive relationship because the more risk you take, the higher the required return that most people demand. Risk aversion describes a positive risk-reward ratio.

Learn more about risk and expected return at

brainly.com/question/25821437

#SPJ4

7 0

2 years ago