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4 years ago

5

If X has a life insurance policy that is no longer wanted or needed and is considering selling their policy, how much might X re

ceive if the premiums are $10,000 annually, the cash value is $200,000, and the face amount is $1,000,000?

1 answer:

4vir4ik [10]4 years ago

6 0

More than $200,000 but less than $1,000,000

Explanation:

A Life Insurance is close to a realistic payout because it's more than a money redemption interest which is less than the death benefit from offering an established live insurance policy to a third party.

A life insurance premium return means that you will get the money you pay as premiums given back, non-taxable when you have completed the life insurance policy and are still alive. You will get $6,000 back if you pay 50 dollars a month for ten years.

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g Today, Adam and Eve each have $500,000 in an investment account. No other contributions will be made to their investment accou

Dmitry_Shevchenko [17]

Answer:

17.48

Explanation:

For this question we use the NPER formula that is shown on the attachment. Kindly find it below:

In the first case,

Provided that

Present value = $500,000

Future value = $1,500,000

Rate of interest = 4%

The formula is shown below:

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

The present value come in negative

So, after solving this, the number of years is 28.01 years

In the second case,

Provided that

Present value = $500,000

Future value = $1,500,000

Rate of interest = 11%

The formula is shown below:

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

The present value come in negative

So, after solving this, the number of years is 10.53 years

So, the number of years after Eve retires is

= 28.01 years - 10.53 years

= 17.48 years

8 0

3 years ago

How can person identify whether a company is private company or public company

Setler79 [48]

Answer:

The overview of that same problem is defined throughout the explanation segment below.

Explanation:

My understanding would be that privately owned businesses will happily inform anyone who queries.
Publicly traded companies are identified by the mark as well as the worker's everyone seems to be testing their price of the stock-to decide according to one's interest in share capital.

But things are going to change, the FED had already lost together with all remaining remains of knowledge that convince one where the worth of someone's inventory since they have lost Market Exploration.

4 0

4 years ago

Foods Galore is a major distributor to restaurants and other institutional food users. Foods Galore buys cereal from a manufactu

Oksanka [162]

Answer:

The appropriate solution is:

(a) 2828 cases each time

(b) $4005656.85

(c) $3609800

Explanation:

The given values are:

Annual demand,

D = 200,000 cases

Per case cost,

C = $20

Carrying host,

H = $10 \ percent\times 20$

= $ $2$

Ordering cost,

S = $40

(a)

The economic order quantity will be:

⇒ $Q^*=\sqrt{(\frac{2DS}{H} )}$

On substituting the values, we get

$=\sqrt{[\frac{(2\times 200000\times 40)}{2} ]}$

$=\sqrt{\frac{16000000}{2} }$

$=2828$

(b)

According to the question,

The annual ordering cost will be:

= $(\frac{D}{Q^*}) S$

= $(\frac{200000}{2828}) 40$

= $2828.85$ ($)

The annual carrying cost will be:

= $(\frac{Q^*}{2})H$

= $(\frac{2828}{2} )2$

= $2828$ ($)

The annual purchase cost will be:

= $D\times C$

= $200000\times 20$

= $4000000$ ($)

Now,

The total inventory cost will be:

= $2828.85+2828+4000000$

= $4005656.85$ ($)

(c)

According to the question,

Order quantity,

Q = 10000 cases

Per case cost,

C = $18

Carrying cost,

H = $10 \ percent\times 18$

= $1.8$

The annual ordering cost will be:

= $(\frac{D}{Q} )S$

= $(\frac{200000}{10000} )40$

= $800$ ($)

The annual carrying cost will be:

= $(\frac{Q}{2} )H$

= $(\frac{10000}{2} )1.8$

= $9000$ ($)

The annual purchase cost will be:

= $D\times C$

= $200000\times 18$

= $3600000$

Now,

The total cost of inventory will be:

= $800+9000+3600000$

= $3609800$ ($)

8 0

3 years ago

Officials argue that the government needs to reduce the national debt. Which actions are most likely to accomplish this goal?

Lapatulllka [165]

The correct answer should be <span>Increase taxation and decrease spending

This would be the most efficient way to do this since you would get more money from taxes and they would lose less money because of lack of spending. People would probably be dissatisfied, but it would help the budget. </span>

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3 years ago

anastassius [24]

4- your mother buys flour

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3 years ago