Answer:
The correct answer is number (1): double indemnity provision.
Explanation:
A double indemnity provision is added in life insurance to double the amount the beneficiaries of the policyholder receive in front of his or her death in an accident. Double indemnity provision does not cover events in which the policyholder dies because of natural reasons or when those individuals had hazardous jobs. Premiums are higher with a double indemnity provision.
Answer:
$112,326
Explanation:
The computation of wages and salaries is shown below:-
For computing the total wages and salaries first we need to find out the variable cost which is here below:-
Variable cost = Activity Births × Per birth
= 181 × $606
= $109,686
Total wages and salaries = Fixed cost + Variable cost
= $2,640 + $109,686
= $112,326
So, for computing the total wages and salaries we simply applied the above formula.
Answer:
$9,352.27
Explanation:
25% of 1.2million
25/100×$1,200,000
=$900,000
Monthly mortgage Payment (p)=r(PV)/{1-(1+r)^-n}
Present value (PV)=$900,000
r=7.2%/12
=7.2/100÷12
=0.072/12
r=0.006
n= 144(12 years×12months)
P=r(PV)/{1-(1+r)^-n}
=0.006×$900,000/{1-
(1+0.006)^-144
=$5,400/{1 - (1.006)^-144}
=$5400/{1 - 0.4226}
=$5,400/0.5774
=$9,352.27
<span>Thomas earned the last month = $184
Sharlina earned the last month = $207
GCF (Greatest Common Factor) = 207-184
= 23
Thomas working the last month = Total earned/GCF
= 184/23
= 8
Hence the Thomas worked for 8 days
Similerly,
Sharlina working the last month = Total earned/GCF
= 207/23
= 9
Hence the Sharlina worked for 9 days</span>
Answer:
D) the quantity of funds supplied by households increases.
Explanation:
In loanable markets, price is the cost of loaned money.
So, increase in their price - i.e interest : increases the supply of loanable funds. Interest rates & supply of loanable funds is positively related : more loanable funds supply at higher interest rate, less loanable funds supply at lower interest rates
Hence, increase in real interest rate increases the quantity of funds supplied by households. Such because, increase in interest increases the opportunity cost of consumption expenditure. So, households consume less & save (deposit) more for higher interest rates.