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Pachacha [2.7K]
3 years ago
5

The annuity settlement option that pays out the highest monthly income for as long as the annuitant lives, and leaves no residua

l value upon the annuitant's death, is the:
a. Life Income with Refund Optionb. Life Income Joint and Survivor Optionc. Joint Life Optiond. Life Income Options
Business
2 answers:
Vlada [557]3 years ago
6 0

Answer:

Life Income Option

Explanation:

Life Income option is also known as Straight-life annuity pays out the highest monthly income as long as the annuitant is lives and leaves no residual value upon the annuitant's death and so to avoid loss it better to chose an annuity with specific period because the annuitant can die early.

kondaur [170]3 years ago
6 0

Answer:

<h2>Life Income Option</h2>

<h2 />

Explanation:

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Chandler Kumar owns two antique stores. One is in an upscale neighborhood, and its merchandise is artfully arranged and priced t
Sladkaya [172]

Answer:

Positioning strategies

Explanation:

In business , positioning strategies refers to the efforts that a company can do  to influence some sort of perception toward their brands.

In the example above, Markup artfully arranged  his products and priced to indicate product rarity in upscale neighborhood.

He did this because for customers with high economic power, presentation of a certain product will create the perception that owning that product indicates high social status. This probably held more value compared to the actual use function of the product itself.

On the other hand, he left his products in open boxes and placed haphazardly on shelves when targeting customers with lower income. He did this because among customers with lower income, presentation tend to matter less compared to the actual function of thier brand.

8 0
3 years ago
Imagine you own a small gift shop in a popular but remote tourist location. You want to develop an effective marketing strategy
Arlecino [84]

Answer:

Situational actions on SWOT of a business

Explanation:

<u>Strengths</u>

  • You have especially good relationships with many suppliers due to your years in business and your success.
  • You have developed a software system that makes online orders extremely easy.

<u>Weaknesses</u>

You are dependent upon a few artists to keep you in stock.

<u>Opportunities</u>

Your business is in a location that is easy to get into and out of.

The highway that they have been talking about for years is finally being built.

Two new hotels are scheduled for opening next year.

<u>Threats</u>

It is difficult to hire workers with retail experience in the area.

The price of gas goes up.

Wal-Mart moves into a town a few miles away.

The Post Office decides to cut deliveries on Saturday.

Another gift shop may open next door.

Three marketing actions to ensure the success of the shop and why it will work include:

1. Expand your advertisement outreach for experienced retail workers beyond your location, with motivational packages and incentives. Alternatively, get workers around your location and train them to acquire the required retail experience for the job

2. With increase in the price of gas which affects your profit margin, and taking into cognizance your strength in cusstomer relationship, endeavour to increase your product and service outreach and turnover to mitigate for the addition expenses.

3. With the arrival of Wal-Mart as competitor, you will need to maintain consistency in products and services, as well as offer promotional packages

4 0
3 years ago
Richard has $652 in his account and is planning a road trip. He looks at how expensive hotels and sightseeing costs are in certa
Cloud [144]

Answer:

The answer is: Detroit  $196.87

Explanation:

We first must add the cost of visiting the five cities:

Detroit            $196.87

Pittsburgh      $180.32

St. Paul          $102.87

Cincinnati      $155.81

<u>Richmond      $211.86      </u>

Total cost     $847.73

Then we find what is the difference between the total cost and the road trip budget: $847.73 - $652 = $195.73

The cheapest city that Richard can drop is Detroit, by doing so his total expenses will be $650.86, which is below his budget.

4 0
3 years ago
Read 2 more answers
Baker’s Financial Planners purchased seven new computers for $970 each. It received a 20% discount because it purchased more tha
yawa3891 [41]

Answer:

Check:  5,269.04

Explanation:

We will multiply each computer by the list price. Then, apply the order discount of 20%. Finally the invoice discount of 3% for payment within 10 days

7 computer x 970 dollars each = 6,790

20% Discount for quantity:

6,790 x 20%                                  (1,358)

                   Invoice nominal:        5,432

discount within the first 10 days:

5,432 x 3%                                       (162.96)

        final amount:                       5,269.04

4 0
3 years ago
Toyota has been working alongside us for years, but we just heard the bad news: they’re not renewing our electric vehicle (EV) c
klemol [59]

Answer:

The right approach is Option a (Bargaining power of suppliers).

Explanation:

  • The concept is such an industry influences the buyer's business climate and determines the potential including its buyer to attain profitability.
  • The meaning is basically how very much jurisdiction a single provider has. By supplier, I represent the industries that create the manufactured goods that even the sellers refine into the finished product to something like the sellers throughout the business. If there are several suppliers during the sector because each supplier is indeed very poor.

8 0
3 years ago
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