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Margarita [4]
3 years ago
10

What is the main difference between whole life insurance and term life insurance?

Business
1 answer:
Stella [2.4K]3 years ago
8 0

Whole life insurance is a type of program that you pay for your "whole life." The premiums tend to stay level on whole life policies.

On the other hand, term life insurance gradually gets more expensive as you get older. Term life insurance is simply the pure cost of insurance with no savings element.

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It is ultimately up to the buyer to avoid fraud.
11111nata11111 [884]
That statement is True

Frauds are gonna exist, no matter what country you're in

No matter how many frauds are there that exist around, if you're smart enough to recognize it , you won't fall into the fraud

Otherwise, no matter how hard the Governments' work to reducing the amount of frauds around you, if you're unaware and gullible, there's a pretty high chance you're gonna fall to one


8 0
3 years ago
If you have serious concerns about the qualifications of a job candidate who has asked you for a written recommendation, you sho
Ad libitum [116K]

Answer:

elect not to write the recommendation.

Explanation:

A job recommendation is a way of vouching for a person's behaviour, honesty, and qualifications to perform a job.

On important step before giving recommendations is to think carefully if you know and trust the person sufficiently to vouch for him.

If a recommendation is written about person and he fails to perform well, the person that wrote the recommendation will lose credibility and his career may be adversely affected.

In this instance since there are serious concerns about the qualifications of a job candidate who has asked you for a written recommendation, elect not to write the recommendation

3 0
3 years ago
One thousand dollars is invested at 5% continuous annual interest. This means the value of the investment will grow exponentiall
mamaluj [8]

Answer:

$1454.99

Explanation:

Just did this question the other day

8 0
3 years ago
The notes to a recent annual report from Weebok Corporation indicated that the company acquired another company, Sport Shoes, In
navik [9.2K]

Answer:

$221,500

Explanation:

The computation of the amount of the goodwill is shown below:

Goodwill = Acquiring value - fair market value of all assets

where,

Acquiring value = $502,000

And, the fair market value of all assets is

= Account receivable market value + inventory market value + fixed assets market value + other assets market value

= $35,000 + $183,000 + $46,500 + $16,000

= $280,500

So, the goodwill is

= $502,000 - $280,500

= $221,500

3 0
4 years ago
ABC Company wishes to maintain sales growth of 14% per year and a debt/equity ratio of 0.30. The profit margin is 6.2% and the r
oksano4ka [1.4K]

Answer:

Bulla should choose to achieve 41% of dividend payout ratio with this growth.

Explanation:

Debt to Equity ratio = 0.3

Debt / Equity = 0.3

As we know the debt ratio to Equity is calculated when equity is considered one.

So,

Total Asset to sales = 1.55

Profit Margin ratio = 6.2%

ROE = Profit Margin x Total Assets to sales ratio

ROE = 6.2% x 1.55

ROE = 0.0961

Sustainable Growth rate = (ROE * Retention Ratio)/(1 - ROE*Retention Ratio)

14% = ( 0.0961 x retention rate) / ( 1 - retention rate)

0.14 x ( 1 - retention rate) = 0.0961 x retention rate

0.14 - 0.14 retention rate = 0.0961 retention rate

0.14 = 0.0961 retention rate + 0.14 retention rate

0.14 = 0.2361 retention rate

Retention rate = 0.14 / 0.2361

Retention rate = 0.5930

Retention rate = 59.30%

Payout ratio = 100% - 59.3% = 40.7%

6 0
3 years ago
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