To answer the question above as to which type of life insurance policy combines term insurance and investment elements is letter C, Universal Life. Universal Life or in other term Permanent life Insurance is a type of insurance to which is flexible low-cost protection and term life insurance as well as the saving elements like the whole life insurance.
Answer: the answer is 90.0
Explanation:
From the question above, we are given:
G = 11
I = 4
X = M = 0
Consumption function is:
C = k + cY
Where:
k = 3
c = 0.8
The GDP of a nation is given as:
Y = C + I + G + NX
By imputing the values into the GDP equation, we have:
Y = k + cY + 4 + 11 + 0
Y = 3 + 0.8Y +15
Y - 0.8Y = 18
0.2Y = 18
Y = 90.0
Answer:
false
Explanation:
The allowance procedure estimates bad debt expense before an uncollectible account receivable has been purposed to be uncollectible.
I would say that John Lennon inspired the other 3 beatles to make important compositional contributions and thus continue to create popular music to build on the excellent reputation they already had in the music business and with their fans.
Answer:
$138.63
Explanation:
I used an excel spreadsheet and the NPV function to determine the present value of this annuity. The present value of this annuity is $138.63
