What is a beneficiary?

2 answers:

3 0

B. The root ben, bien, or bien is essentially latin for good. Therefore the person that receives the good is the beneficiary.

pentagon [3]2 years ago

3 0

The correct answer is B. The person or group of people who will receive your life insurance money

Explanation:

A beneficiary refers to an individual that receives a benefit or good derived from another person or factor. In the case of life insurance, that is a program in which you pay money to an insurance company in exchange of death benefit (money paid to others once you die), the beneficiary or beneficiaries are those that will receive the money you pay for in your life insurance after you die or in some cases after other circumstances. Due to this, the beneficiaries are often close relatives of the person paying the life insurance. This implies a beneficiary is "The person or group of people who will receive your life insurance money".

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If the required rate of return is 7.2%, no such security shall be purchased.

<h3>What does the required rate of return mean?</h3>

The required rate of return is the expected percentage of returns on investment at the time the investment is made. The required rate of return, in this case, is 7.2%.

The actual returns earned from purchasing the security for $8000 and receiving returns of $3600 are calculated to be around a 3.6% return.

As a result, if the required rate of return on investment is 7.2%, the security should not be purchased.

Read more about the required rate of return here:

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