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xxMikexx [17]
3 years ago
9

If an annuity is purchased in December and monthly benefits begin in January of the following year, what type of annuity is it?

Business
1 answer:
cestrela7 [59]3 years ago
8 0

Answer:

Option D    

Explanation:

A single premium immediate annuity relates to the insurance company arrangement whereby one really pay them a large sum of money right up front (widely referred to as a premium price) and so on. The company promise to regularly (monthly, for example) give you a specific amount of benefits for the remaining of one's lifetime.

Income payments both for instant annuities are made on the basis of non-taxed main yields and earnings payouts that are taxed at levels of income tax instead of levels of capital gain.

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A potential customer for an $88,000 fire insurance policy possesses a home in an area that, according to experience, may sustain
Ksenya-84 [330]

Answer:

The answer is: In order for the company to break even on all the $88,000 policies in that area it must charge $528 per yearly policy.

Explanation:

In order to calculate what premium the insurance company should charge in order to break even, we must know how much money the company will have to pay during the year.

Fire insurance policy of $88,000

<u>Possible losses             Probability      Money paid by company    </u>  

total loss                              0.001              $88,000

50% loss                              0.01                $44,000

The company will have to pay $88 ($88,000 x 0.001) for a total loss and $440 ($44,000 x 0.01) for a 50% loss, we add them up and get $528.

In order for the company to break even on all the $88,000 policies in that area it must charge $528 per yearly policy.

8 0
3 years ago
Which one of the following stock index futures has a multiplier of 50 Hong Kong dollars times the index?
Vadim26 [7]

Answer:

b. Hang Seng

Explanation:

Hong Kong's Hang Seng Index Futures and Hang Seng China Enterprises Index Futures operate with a contract multiplier of HK$50 (50 Hong Kong dollars) per point.

The Mini-Hang Seng Index Futures and the Mini-Hang Seng China Enterprises Index Futures operate with a contract multiplier of HK$10 per point.

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4 years ago
_______________ is the degree to which decision-making authority is retained at higher managerial levels a. Formalization b. Uni
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There are various organizations structure. one of it is centralization. <u>Centralization</u> is the degree to which decision-making authority is retained at higher managerial levels.

<h3>Features of Centralization</h3>

In a centralized company, cogent decisions are made at topmost levels of the hierarchy, whereas in decentralized companies, decisions are made and problems are solved at lower levels by employees who are closer to the problem.

<h3>Advantages of centralization</h3>

Some employees are more okay in an organization where their manager authoritatively gives instructions and makes decisions. Centralization can also lead to operational efficiency because there will be no time wasting, particularly if the company is operating in a stable environment. Strategic process and content as mediators between organizational context and structure.

Therefore, the answer is centralization option C.

learn more about centralization: brainly.com/question/1288780

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3 years ago
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oksano4ka [1.4K]

Answer:

Multiple intelligences refers to a theory describing the different ways students learn and acquire information. These multiple intelligences range from the use of words, numbers, pictures and music, to the importance of social interactions, introspection, physical movement and being in tune with nature.

Explanation:

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