The Variable Life policy requires an agent to register with NASD before selling. This is because, investment risks are typically transfer from the insurer to the policy owner, thus, variable insurance products are considered to be securities contracts as well as insurance contracts.
Answer:
c. 48,000
Explanation:
The amount charges is based off of the total sales figure and the current year sales percentage.
We can calculate the current year's charge as follows,
Charge = (120,000 / 800,000) * 320,000
= $48,000
Whwre, 800,000 is the total sales figure (120,000 + 680,000).
Hopw that helps.
Tammy completed 12 jobs.
<h3>What is the substitution method?</h3>
The algebraic approach to solving simultaneous linear equations is known as the substitution method. in this procedure, The value of one variable from one equation is substituted in the second equation.
Given Susanne(S) did 10 jobs, and three girls together did 28 jobs Tammy(T) works twice as fast as Martha(M).
Since the girls each worked for two hours, this indicates that Tammy worked twice as much or held twice as many jobs.
T = 2M ........................equation (1)
M + S + T = 28 ........................equation(2)
S = 10 ..................................equation(3)
By solving the above equation, we get:
Martha(M) = 6
Tammy(T) = 12
Hence, Tammy completed 12 jobs.
To know more about the substitution method refer to: brainly.com/question/10606449
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Answer:
where is it??????????????