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FrozenT [24]
3 years ago
12

An insurance contract promises to pay benefits based upon a future uncertainty such as death, or illness describes which feature

of an insurance contract?
Business
1 answer:
Mrac [35]3 years ago
8 0
The feature of the insurance contract that is being described above is the aleatory contract. It is the type of contact where the individual that has been involved can't handle or control the event that could happen to him or her. It is a way of having uncertain events happening in the individual such as death or natural disasters that she or he could face.
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A company bought a parcel of land twenty years ago. The land is currently worth $575,000. The yearly appreciation rate has been
tekilochka [14]

Answer:

The company paid $278,031

Explanation:

Giving the following information:

A company bought a parcel of land twenty years ago. The land is currently worth $575,000. The yearly appreciation rate has been 3.7%.

<u>To calculate the past value of the land, we need to use the following formula:</u>

PV= FV/(1+i)^n

PV= present value (20 years ago)

n= 20

FV= 575,000

i= 0.037

PV= 575,000 / (1.037^20)

PV= $278,031

3 0
3 years ago
Expansionary fiscal policy is generally designed to ____________ aggregate demand and thus ____________ real GDP and employment
vichka [17]

Answer:

increase

increase

Explanation:

Discretionary fiscal policies are deliberate steps taken by the government to stimulate the economy in order to cause the economy to move to full employment and price stability more quickly than it might otherwise.

Discretionary fiscal policies can either be expansionary or contractionary

Expansionary fiscal policy is when the government increases the money supply in the economy either by increasing spending or cutting taxes.

Expansionary fiscal policies increases money supply which increases aggregate demand, as a result output  or real GDP increases

Contractionary fiscal policies is when the government reduces the money supply in the economy either by reducing spending or increasing taxes

4 0
3 years ago
Weaver Corporation had the following stock issued and outstanding at January 1, Year 1: 99,000 shares of $14 par common stock. 8
Virty [35]

Answer:

Total dividends is  $421,600.00  

Explanation:

Preferred shareholders' dividend=preferred shares value*4%

preferred shares value=8000*$80

                                      =$640,000

Preferred shareholders' dividend=$ 640,000.00*4%

                                                       =$25,600.00  

Common shareholders' dividend =number of shares*dividend per share

number of shares is 99,000

dividend per share is $4

Common shareholders' dividend =99000*$4

                                                        =$396,000.00  

Total dividends=Common shareholders' dividend+Preferred shareholders' dividend

Total dividends=$25,600.00 +$ 396,000.00  

                         =$ 421,600.00  

3 0
3 years ago
How can you change the view of a presentation? A by navigating to the Home tab B. by using the icons on the status bar C.with th
Nastasia [14]
B would be the answer

6 0
3 years ago
Read 2 more answers
The iPod is a very popular item among people of all ages. The demand is continuing to grow. The iPod's introductory price was ar
Zina [86]

Answer:

E. Skimming Pricing.

Explanation:

This method or strategy is mainly used in marketing strategy for a new market entry especially because of its uniqueness and also when the value of the commodity to be sold is of a very high qualities and importance.

It is also seen as a product pricing strategy by which a firm charges the highest initial price that customers will pay and then lowers it over time. As the demand of the first customers is satisfied and competition enters the market, the firm lowers the price to attract another, more price sensitive segment of the population. The skimming strategy gets its name from "skimming" successive layers of cream, or customer segments, as prices are lowered over time.

7 0
3 years ago
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