The type of insurance money that Malik has received indicates life insurance and the correct option is D.
<h3>What is life insurance?</h3>
Life insurance is an agreement wherein a policyholder will pay everyday premiums in alternate for a lump-sum demise benefit that can be paid to the policyholder's beneficiaries. The lump-sum gain is paid while the policyholder passes away or a selected amount of time has passed.
Hence, The type of insurance money that Malik has received indicates life insurance and the correct option is D.
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A. By eliminating the effects of price increases on GDP growth. Nominal GDP is calculated using the current prices while Real GDP is adjusted for inflation.
Answer:
c. a letter that falsely claims the writer represents a foreign bank.
Explanation:
A clearing house is a financial institution that should be created for exchanging the payments, securities, or transactions related to derivates. It stands between the two clearing firms. Its motive is to decrease the member risk that failed to honor the trade settlement liabilities
So the clearing house scam includes the victim that collect the letter in which there is false claims where the writer shows the foreign bank
Stocks pay interest to investors through the year. Bonds only pay interest at fixed time during the year.
Fees- Everything has a cost. Especially institutions, that are public.
Minimum Balance needed in an account-
If you are considering to buy anything, be sure to know your average amount of dollars you have, to know how much money you can spend. Be sure to have some left over.
Interest rates- The percentage you are being charged for. Be sure to have money left over for it.
Services- Pick the best services.
