Answer: B. An insured borrows money from the bank and makes a collateral assignment of a part of the death benefit to secure the loan.
Explanation:
A collateral assignment allows a person to use their life insurance policy as collateral when taking out a loan. It is therefore based on a life insurance policy ownership, but isn't one itself.
It works by allowing the creditor to be able to get back whatever is owed to them when the debtor dies by claiming it from the proceeds of the debtor's life insurance policy.
1. Accounts in non-depository institutions are almost always insured by the government.
[x]True
False
2. All financial institutions are equally safe and beneficial to use.
True
[x]False
3. Financial experts recommend that you compare at least several different financial institutions in your area and find the one that best meets your needs.
[x]True
False
4.Personal financial planning is the process of creating and achieving financial goals.
[x]True
False
5. Shared decision-making is always a positive strategy to take.
True
[x]False
Answer:
the price of the computer is $889
Explanation:
The computation of the price of the computer is shown below:
As we know that
Z-score = (x-mean) ÷ standard deviation
-0.8 = (x - 949) ÷ 75
x = -0.8 × 75 + 949
= -60 + 949
= $889
Hence, the price of the computer is $889
We simply applied the above formula so that the correct value could come
Answer:
output ang tawag sa bunga ng pagsasama ng salik ng edukasyon