Low-income countries have cultures that value economic survival. These type of countries do not have a lot of high paying jobs and the job market is very unstable, so citizens find it imperative to have enough income to survive. These types of countries do not have much in the way of entertainment culture or pop culture, due to people having so little extra money to spend on both.
Answer:
B. 1 and 2.
Explanation:
Life insurance policy can be defined as a contract between a policyholder and an insurer, in which the insurer agrees to pay an amount of money to a specific beneficiary either upon the death of the insured person (decedent) or after a set period of time.
A decedent refers to a deceased person who is no longer able to control his or her properties (wealth).
Generally, insurance companies across the globe charge millions of their customers (insured) premiums every year. This gives them the privilege of having a pool of cash which can be used to cover the cost of losses and destruction to the asset of a small fraction or percentage of its customers.
This simply means that, since insurance companies collect premium from all of their customers for losses which may or may not occur, so they can easily use this cash to compensate or indemnify for losses incurred by those having high risk.
Death benefit proceeds from a life insurance policy are included in a decedent's gross estate in the following circumstances:
I. The decedent gave the policy to his father four years ago, but retained the right to change the name of the beneficiary.
II. The policy beneficiary is a grantor trust of the decedent but the policy is owned by a closely-held corporation.
The way to do inventory on bottles of liquid is count the bottles by the way they are positioned. See the bottles as if they are in a graph. Maybe a 5x9. then you know you have 45 bottles!
Answer:
$10,020
Explanation:
The computation of the large amount that should be deposited is shown below:
Future value of annuity is
= Annuity × [(1+rate)^time period-1] ÷ rate
= Annuity × [(1.045)^45-1] ÷ 0.045
= Annuity × 138.8499651
Future value = Present value (1 +interest rate)^number of years
where
= $15,000 × (1.045)^45
Now
The total future value: is
$1,500,000 = $15,000 × (1.045)^45 + Annuity × 138.8499651
$1,500,000 = ($15,000 ×7.24824843) + Annuity × 138.8499651
Annuity = ($1,500,000 - $108,723.7264) ÷ 138.8499651
= $10,020
Answer:
e. flexible resources.
Explanation:
Resources that can be purchased according to their necessity and at the desired quantity are known as flexible resources. While resources that need to be ordered regardless of the actual amount used are known as committed resources.
Therefore, if resources can be purchased in the amount needed and at the time of use, they are flexible resources.
