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4 years ago

Whole-life insurance has a cash value for the insured person if he decides to stop paying premiums and cash the policy in.

1 answer:

mihalych1998 [28]4 years ago

3 0

The given statement "Whole-life insurance has a cash value for the insured person if he decides to stop paying premiums and cash the policy in" is true.

Explanation:

Full life insurance gives the clients a death benefit upon their death. It also offers the money value you can use after several years of regulation. The value of the cash for a whole lifetime is different from the general policy on how well the policy has been credited to the interest.

Life long protection together with an investment account is given by cash value insurance policies. A part of your premium costs or cash value will be paid into the investment account and that money will increase over time. You will earn the cash value less the costs of the contract if you wish to cash in your life insurance and pay out the lender's coverage early.

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Parkway Void Co. issued 14-year bonds two years ago at a coupon rate of 10.2 percent. The bonds make semiannual payments. If the

7nadin3 [17]

Answer:

10.80%

Explanation:

For this question ,we use the RATE formula that is shown in the spreadsheet attachment. Kindly find it below:

Given that,

Present value = 1,000 × 96% = $960

Assuming figure - Future value or Face value = $1,000

PMT = 1,000 × 10.2% ÷ 2 = $51

NPER = (14 years - 2 years) × 2 = 24 years

The formula is shown below:

= Rate(NPER;PMT;-PV;FV;type)

The present value come in negative

So, after solving this, the yield to maturity is 10.80%

3 0

4 years ago

Why does a government place price ceilings, such as rent control, on some “essential” goods?. A. to prevent the development of a

Maksim231197 [3]

The government place price ceilings, such as rent control, on some essential goods because of the reason of limiting the impact of equilibrium pricing. This will also limit the direct increase of the prices of the goods. This will also help regulate the flow of prices in the market.

8 0

3 years ago

Read 2 more answers

What would you estimate as to the cost of equity if a stock sells for $40, pays a $4.25 dividend, and is expected to grow at a c

Goryan [66]

Answer:

15.63%

Explanation:

Calculation to determine cost of equity

Using this formula

P = D/(r-g)

Where,

P=40

D=4.25

g=0.05

r=?

Let plug in the formula

Cost of equity=40 = 4.25/(r-0.05)

Cost of equity=r = (4.25/40)+0.05

Cost of equity=r =0.1063+0.05

Cost of equity=r =0.1563*100

Cost of equity = 15.63%

Therefore cost of equity is 15.63%

7 0

3 years ago

Country Q has experienced a rapid increase in its unemployment rate and a sharp decline in its GDP. What might policymakers do i

Nezavi [6.7K]

Based on the situation facing Country Q, they might respond by trying to trade with other nations to increase production and create new jobs

Trading with other nations:

Allows for an economy to develop as it would produce more to export
Increases employment as people would work in the new companies created to produce export

It would therefore be in Country Q's best interest to trade as this would increase their employment figures and GDP on account of higher production.

In conclusion, Country Q should trade more.

Find out more benefits of trade at brainly.com/question/11317503

6 0

3 years ago

Read 2 more answers

If Jane can produce 3 pairs of shoes per hour, while Bob can produce 2, then ______ has a(n) ______ advantage in producing shoes

Mrac [35]

Answer: Option A

Explanation:

Jane has an absolute advantage than Bob. Absolute advantage than Bob as she can produce one pair of shoes additionally in the same given time. Here the absolute advantage is that production is done at a faster rate.

Absolute advantage means in comparison with the competitors one can give better output with same amount of resources allocated. Comparative advantage means the lowest opportunity cost in producing a product. These two concepts are used by countries to decide on which product needs to be produced.

8 0

4 years ago