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Andreyy89
3 years ago
12

Kiara filled out a life insurance application and was given a policy illustration that showed future premiums being paid out of

nonguaranteed values. This illustration must disclose that
Business
1 answer:
maria [59]3 years ago
7 0

Answer: The illustration must show that the policy owner (Kiara)<em> </em><em>may need to resume paying the premium payments depending on actual results. </em>

The policy owner will need to determine if this is the right policy for her and her family. The illustration should be truthful about how the policy will perform for the buyers lifetime. The illustration should also show the financial projections for each year so the buyer can determine if the plan fits their budget.

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In​ 1885, first-class postage for a​ one-ounce letter cost​ $0.02. The same postage in 2015 costs​ $0.49. What compounded annual
geniusboy [140]

Answer:

2.49%

Explanation:

The period 't' between 2015 and 1885 is:

t = 2015 -1885 = 130\ years

The annual rate 'r' at which the original $0.02 value has been compounded over 130 years to reach a value of $0.49 is determined by:

0.49 = 0.02*(1+r)^{130}\\r=\sqrt[130]{24.5}-1\\ r=0.0249 = 2.49\%

The cost of​ first-class postage has experienced an annual increase of 2.49% over this period.

6 0
3 years ago
In the context of the free market system, the computer business is an example of _____
mojhsa [17]

Answer:

Producer

Explanation:

in the free market system, Producer is an entity that turn raw materials or skills to  create goods or services and sell it to the market in order to obtain a profit.

Computer businesses are a good example of this.

They bought of various types of materials (such as steel, glass, silica sand, iron ore, gold) and transform it into finished products such as a monitor, processor, Audio board, etc.

Some computer businesses also focus on creating software. Rather than raw materials, they utilize coding skills of their employees to create the product and sell it to the market.

7 0
3 years ago
A key distinction between a risk response and a contingency plan is A. A risk response is established only for moderate risks wh
Yakvenalex [24]

Answer:

The correct answer is the option B: A risk response is part of the actual implementation plan and action is taken before the risk can materialize, while a contingency plan goes into effect only after the risk has transpired.

Explanation:

On the one hand, a <em>risk response</em> involves the process of controlling risks that are already known by the people who make the plan in the first place and therefore that this type of concept includes the idea of doing something before the worst happen and therefore to avoid the risks.

On the other hand, a <em>contingency plan</em> involves the process of planning for an unexpected situation that did not happen before and was not established in the original plan, therefore that this type of concept includes the idea of acting over the margin due to the exceptional situation that occurs.

4 0
3 years ago
Read 2 more answers
Oscar had been an exceptionally private person his entire life. What bothered him most during his final years was the lack of ca
Tomtit [17]

Answer:

<em>c) Social Dignity. </em>

Explanation:

On the other hand, it is morally important to harm someone's personal reputation because it causes a social cost: the target loses social status insofar as it is compelled to do something that the society finds to be humiliating.

Furthermore, social dignity is closely linked to the universal desire for justice for individuals.

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3 years ago
Checking accounts are not the most popular way to manage the money you need to use on a daily and weekly basis. True False
Tanzania [10]
True.......................
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