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strojnjashka [21]
3 years ago
7

Q has a traditional whole life policy with a $10,000 face amount, a $5,000 cash value, and a $4,999 policy loan and loan interes

t outstanding. Q will forfeit the policy when the policy loan reaches ________ for failing to pay loan interest on a timely basis.
Business
1 answer:
Vinil7 [7]3 years ago
3 0

Answer:

Reaches or exceeds the cash value.

Explanation:

A traditional whole life policy is an insurance policy or plan that covers the entire life of an individual. It also provides or gives a certain amount to the beneficiaries of the individual in case the individual dies.

A cash value in traditional whole life policy is the amount a person on a traditional life policy receives if he or she decided to quit the life policy as well as forfeit the payment to his or her beneficiaries of he or she dies.

A policy loan is the loan that a person takes from his or her life traditional life policy which must not exceed the cash value of the traditional life policy. A policy loan also comes loan interest that must be paid on a timely basis.

When the outstanding policy loan is higher than the case value of the traditional life policy the insurance company may cancel the traditional life policy.

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A company has established that the relationship between the sales price for one of its products and the quantity sold per month
notka56 [123]

Answer:

Q = 450

P = 35

Explanation:

TR = P x Q = (75 - 0.1Q) x Q = -0.1Q2 + 75Q

Then, Cost = (30Q + 1,000)

Profit: Total revenue - C

-0.1q2 + 75Q - 30q - 1,000 = -0.1q2  + 45q - 1,000

as this is a quadratic function we identify a b c:

a= -0.1 b = 45 x = -1000

the profit maximum point is at the vertex:

-b/2a = -45/ 2(-0.1) = -45/-0.1 = 450

The profit maximize at Q = 450

P = 75 - 0.1x450 = 35

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3 years ago
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Answer:

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Answer:

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The correct option is A. Punctuation.

Explanation:

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sleet_krkn [62]

Answer:

Uneven distribution of natural resources often leads to countries trading with one another, explain how

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Explanation:

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