1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MakcuM [25]
3 years ago
12

What is the viability and relevancy of insurance products sold to businesses and individual

Business
1 answer:
Anna11 [10]3 years ago
8 0
The viability and relevance of insurance products usually cater the preference of the insurance buyer.
For example, some buyer want to make sure that they have a safe retirement so they tend to lean towards good individual retirement policy.
Some buyer want to make sure that his/her family is taken care of if something happens to them, so they tend to seek the product with highest life coverance, etc.
You might be interested in
g Which one of these will increase the present value of a set amount to be received sometime in the future? A) Increase in the t
alisha [4.7K]

Answer:

Decrease in the interest rate

Explanation:

Present value is the sum of discounted cash flows

let me use an example to illustrate

the present value of $100 in year 0 discounted at 6% = $100

the present value of $100 one year from now discounted at 6% = $94.33

the present value of $100 two years from now discounted at 6% = $89

We can see that present value decreases with an increase in time

2. the present value of $100 one year from now discounted at 6% = $94.33

the present value of $90 one year from now discounted at 6% = $84.91

We can see that present value decreases with a decrease in the future value.

3.  the present value of $100 one year from now discounted at 6% = $94.33

the present value of $100 one year from now discounted at 5% = $95.24

We can see that the lower the discount rate, the higher the present value

7 0
3 years ago
Choose the correct answer.
Serga [27]

Answer:

Walking to the convenience

store to buy a snack.

3 0
3 years ago
Read 2 more answers
A. The economic definition of a cartel is:
solniwko [45]

Answer:

A) Competing firms working together to fix prices and output.

B) Collusion.

C) Illegal

Explanation:

A cartel is when a group of competing producers of a good collude together for their own economic good and benefits. They generally form oligopolistic market structures with coordination and thus can take decision on restricting production of a articular good and influencing prices for their own good.

A collusion thus helps a hand full of companies to dominate the market of a particular product that they all produce. They can even form artificial barriers to entry for new firms as they control all or most of the relevant market forces.

In USA cartels are illegal as per the provision of anti-trust laws.

Hope that helps.

8 0
3 years ago
If the exchange rate rises, which of the following falls in the open-economy macroeconomic model? a. desired net exports and des
Ede4ka [16]

Answer: Option(d) is correct.

Explanation:

Correct option: Neither desired net exports nor desired net capital outflow

If there is increase in the exchange rate, then there will be depreciation of the home currency. This means that now a person have to pay more for the same amount of imported goods.

The exports of a country also increases with increase in the exchange rate. So, the economy became more stronger.

And an economy rises exchange rate for stabilizing the foreign interest rate and domestic interest rate.

If the domestic interest rate is higher than the foreign interest rate then there is a inflow of capital in the home country. So, an economy increases the exchange rate to equal the foreign interest rate and domestic interest rate.

8 0
3 years ago
Sheffield Corp. assigned $1601000 of accounts receivable to Pharoah Company as security for a loan of $1344000. Pharoah charged
Tpy6a [65]

Answer:

$1,317,120

Explanation:

Cash received by Sheffield Corporation at the time of assignment = Amount borrowed - Commission paid

= $1,344,000 - ($1,344,000 * 2%)

= $1,344,000 - $26,880

= $1,317,120

So, the amount of cash Sheffield received from Pharoah at the time of the assignment was $1,317,120

7 0
3 years ago
Other questions:
  • A manufacturer of tiling grout has supplied the following data: Kilograms produced and sold 420,000 Sales revenue $ 1,890,000 Va
    13·1 answer
  • Sally works for Timber Products, Inc. The basis for her contribution under the Federal Insurance Contribution Act to help pay fo
    13·1 answer
  • Prepare the journal entries to record the following transactions on McLeena Company's books using a perpetual inventory system.(
    10·1 answer
  • A preferred share of Coquihalla Corporation will pay a dividend of $8 in the upcoming year and every year thereafter; that is, d
    5·1 answer
  • For the year ended December 31, 2021, Fidelity Engineering reported pretax accounting income of $984,000. Selected information f
    10·1 answer
  • PandemicsPlus just paid a dividend of $1.00 per share and they consistently grown dividends at 4% annually. Investors require a
    11·1 answer
  • Ehrmann Data Systems is considering a project that has the following cash flow and WACC data. What is the project's MIRR? Note t
    11·1 answer
  • Treasury bonds paying an 10.00% coupon rate with semiannual payments currently sell at par value. What coupon rate would they ha
    15·1 answer
  • The Federal Reserve System is __________. ANSWER Unselected the central bank of the United States Unselected also known as the U
    10·1 answer
  • In 2005, a loan broker and appraiser working for a subsidiary of Bank of America appraised the Cassies home at a fair market val
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!