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ankoles [38]
3 years ago
10

Disability income plans which require that the insurer can never change or alter premium rates are usually considered

Business
1 answer:
malfutka [58]3 years ago
8 0
<span>Disability income plans which require that the insurer can never change or alter premium rates are usually considered </span>noncancellable. 
Noncancellable means an insurance policy that can not be canceled as long as the customer makes their premium payments. They can not cancel or change the service agreement for any reason if payments are made. 
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Why is it important to site? Name at least three reasons
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Answer:

It gives proper credit to the author, it helps you avoid plagiarism, and it helps to create more ideas in your mind.

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3 years ago
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A plaintiff in a successful lawsuit was awarded a judgment of $4800 per month for 5 years. The plaintiff has the need of a fairl
tatiyna

Answer:

58.81% annual

or 3.93% monthly

Explanation:

Using a financial calculator, we can determine the internal rate of return of this investment. The initial outlay is -$110,000, and the 60 $4,800 cash flows follow. The IRR is 3.93 per month. In order to determine the effective annual rate, we can use the following formula:

effective annual rate = (1 + 3.93%)¹² - 1 = 58.81%

8 0
3 years ago
Probett's Auto Body Repair Shop had revenues that averaged $90,000 per week in April and $80,000 per week in May. During both mo
Dmitriy789 [7]

Answer:

For April, revenue was $90,000 and labor hours were 4x[(40x6)+(25x4)]. This is 90,000/1,360 = 66.18 dollars per hour of labor. For May, revenue was $80,000 and labor hours were 4x[(40x6)+(10x2)] This is 80,000/1,040 =  77 dollars per hour of labor a difference of $ 10.82per hour. The percentage change in productivity between April and May, then, is 3.95/44.12 = 0.1634935026x 100 = 16.35%

good luck ❤

6 0
3 years ago
There are two nations that, using all of their resources, both produce lemon drops and boxes. Nation A can produce either 300 le
In-s [12.5K]

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I drew the production possibilities frontier curve for both nations, A and B, and attached it.

Explanation:

7 0
3 years ago
A company is offering perpetual preferred stock (its dividend payments last forever) with a fixed annual dividend of $100. If yo
sukhopar [10]

Answer:

833.33

Explanation:

The fixed annual dividend is $100

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Therefore the value for each share can be calculated as follows

= 100/(12/100)

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= 833.33

Hence the value for each share is 833.33

8 0
3 years ago
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