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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.

You might be interested in
The raw materials used in manufacturing during the year totaled $1,018,000. Raw materials purchased during the year amount to
Margaret [11]

Answer:

1,081,000

Explanation:

Here we will use the formula

Material Purchase = Beginning raw material - (Ending raw material + raw material used)

by applying this formula we can calculate Material purchased.

= 547,000 - (610,000+1,018,000)

= 1,081,000

5 0
3 years ago
The death of a promisor in a personal services contract discharges an agreement. However, if a promisor dies, other types of con
IRINA_888 [86]

Answer:

The interpretation of the discussion is characterized throughout the interpretation section elsewhere here.

Explanation:

  • The reinstatement including its service agreement shall be signed throughout the event of termination of each of the wings of the party in such a way that perhaps the replacement does not instantaneously embrace plausible transformations depending on the temperature acknowledged either by promiser.
  • Unless the particular responsibilities set out during this Agreement aren't adequately accomplished as well as throughout the lack of mention including its new contractual obligations.
  • The same would be true whether it is approximately necessary to manage the service agreement when the world collapses. After that, Suo-moto seems to be the cancelation including its service agreement. It would have the natural world of consciousness of leases. Because if the real estate of the dead person is expected to take responsibility again for contractual agreement through by the dearly departed.
5 0
2 years ago
50 POINTS
SashulF [63]

Answer:

A. high school diploma

Explanation:

please put me in brainlist

4 0
3 years ago
Read 2 more answers
Markson Company had the following results of operations for the past year: Sales (8,000 units at $20) $ 160,000 Variable manufac
AveGali [126]

Answer:

Increase in profit   $ 1900

Explanation:

<em>To determine the additional profit from the special order, we would consider only the costs and revenue relevant to the special order decision:</em>

Unit relevant cost = Total variable cost/Units produced

Total variable costs = 86,000 + 12,000 =$98000

Unit relevant cost = 98,000/8,000 = $12.25

<em>Note that fixed costs are irrelevant, whether or not the special order is accepted the fixed manufacturing and administrative expenses would be incurred</em>. <em>Hence, they are excluded from the computation.</em>

                                                                                                         $

Revenue from the special order ( $14× 2,000)  =                        28,000

Relevant costs of special order ( $12.25 × 2,000)                    (24,500)

Cost of special tools                                                                     <u> (1,600)</u>

Increase in profit                                                                         <u>      1900 </u>

4 0
2 years ago
Supporters of socially responsible businesses claim that by becoming socially responsible, businesses can expect ________. more
Cerrena [4.2K]
The answer is less government regulation.

The other three are all restricting the businesses, even thought this statement was made by supporters of socially responsible businesses and the result should be positive.

I hope this helps!
6 0
3 years ago
Read 2 more answers
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