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2 years ago

What happens to the total amount of premium paid for an insurance policy when the payment frequency increases?

Business

1 answer:

Whitepunk [10]2 years ago

5 0

Answer:

C. Increases

Explanation:

When payment frequency increases, it results to lesser amount per payment which will lead to a higher total amount of premium paid. consider this general rule of thumb; the greater the number of payments, the higher the actual premium paid over the course of the year.

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Energy-wise Builders, Inc., a leader in residential housing, recently negotiated a financing arrangement with First Pennsylvania

MakcuM [25]

Answer:

revolving credit agreement

Explanation:

3 0

3 years ago

A product enhancement is equivalent to

Step2247 [10]

Answer: Upsell

Explanation:

Product enhancement means adding any additional features or functions to the existing products. The product managers keep adding these features to increase the market share of the product sold. It is also a marketing technique used by the companies to prove their products better than the competitors products.

By following product enhancement strategy the company tries to upsell the products. It protects the product from being out of the market and also increases the product's capability. The usability and performance of the product also increases.

8 0

2 years ago

Urban Window Company had gross wages of $240,000 during the week ended june 17. The amount of wages subject to social security t

True [87]

Answer:

Wages expense 240,000

medicare payable 3,600 credit

social security payable 14,400 credit

wages payable 222,000 credit

payroll taxes 20,205‬ debit

FUTA payable 280 credit

SUTA payable 1,925 credit

medicare payable 3,600 credit

social security payable 14,400 credit

Explanation:

MEDICARE 1.5% Social Security 6&

OASDI/HI $ 240000 3600 14400

FUTA&SUTA $ 35000 SUTA: 5.5% = 1925 FUTA 0.8% = 280

NET WAGES:

240,000 - 3,600 - 14,400 =222,000

payroll taxes:

the employe pays the same amount for OASDI and HI and also pays FUTA and SUTA

14,400 + 3,600 + 1,925 + 280 = 20,205‬

3 0

2 years ago

The hr manager told jim that the company pays the total health insurance costs for a family of four. as a single man, this benef

Nimfa-mama [501]

The answer to this question is "VALENCE" such as when the HR Manager told Jim that the company pays the total health insurance costs for a family of four and as a single man, this benefit did not seem especially important and significant to him right now. Here, then Jim is a low on the valence element of the expectancy theory.

4 0

2 years ago

A ____ is a gift to a retailer who purchases a specified quantity of merchandise

Setler79 [48]

Dealer loader is correct

4 0

3 years ago