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
Andrew [12]
3 years ago
14

Dennis, age 25, needs lifetime life insurance protection. His agent showed him a chart displaying yearly renewable term premiums

and level-premiums for the next ten years. The level premiums were always higher than the yearly renewable term premiums. Based on this chart, Dennis is convinced he should purchase yearly renewable term insurance. What is Dennis overlooking?
Business
1 answer:
Sveta_85 [38]3 years ago
4 0

Answer:

Dennis, age 25, needs lifetime life insurance protection. His agent showed him a chart displaying yearly renewable term premiums and level-premiums for the next ten years. The level premiums were always higher than the yearly renewable term premiums. Based on this chart, Dennis is convinced he should purchase yearly renewable term insurance. What is Dennis overlooking?

"Age" and "Amount of coverage" is the important factor that is being overlooked.

Explanation:

"Age" and "Amount of coverage" is the important factor that is being overlooked.

In level premium insurance, premium prices remain unchanged throughout the term whereas, in yearly renewable term premiums, premium rates rise as the policies age.

Additionally, in level premium, the amount of coverage offered increases over time at no additional expense.

You might be interested in
Sterling Hotel uses activity-based costing to determine the cost of servicing customers. There are three activity pools: guest c
Mademuasel [1]

Answer:

Allocated costs= $116.7

Explanation:

Giving the following formula:

The activity rates associated with each activity pool are $8.70 per guest check-in, $18.00 per room cleaning, and $3.00 per served meal (not including food).

Julie Campbell visited the hotel for a 5-night stay. Julie had 6 meals in the hotel during the visit.

<u>To allocated costs, we need to use the following formula:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated costs= 8.7 + 18*5 + 3*6

Allocated costs= $116.7

5 0
3 years ago
56
SOVA2 [1]

bro it's so lengthy

5 0
3 years ago
Bill received an unordered calendar from the local charity so he must pay money to the charity.
torisob [31]

Answer:

false, they sent the calendar hoping he would make a donation, but he does not have to give any money

Explanation:

they sent the calendar hoping he would make a donation, but he does not have to give any money

8 0
3 years ago
covid-19 pandemic of 2020, e-tronics began weighing options for controlling or cutting costs due to lower revenue and profitabil
Oxana [17]

According to the information given in the question,  the best option to pursue would be early retirement.

Early Retirement presents a handy and exceptional way for assembly expectancies of a reduction in force (RIF). A reduction in force (RIF) takes place whilst a function is eliminated with no intention of changing it and effects an everlasting cut in headcount. A corporation may additionally decide to lessen its staff by means of terminating employees or by means of attrition

RIF occurs whilst a company completely eliminates positions. It is distinct from a furlough, wherein an employee's hours are quickly reduced. In the Federal government, layoffs are referred to as a reduction in force movements. When an agency should abolish positions, the reduction in force policies decides whether or not an employee keeps his or her gift position, or whether the employee has a proper to an extraordinary role.

Personnel reduction is a movement to lessen the range of personnel in a branch or in the County typical. Motives for a discount in force may additionally encompass, however, aren't constrained to reduced funding, reorganization, and/or modified workload.

Learn more about Retirement here brainly.com/question/27232329

#SPJ4

6 0
2 years ago
15 POINTS IF U ANSWER NOW!!!!! Which non-income factor for a potential job promotion would influence a person whose mother needs
Verdich [7]

Answer:

D. Family

Explanation:

5 0
3 years ago
Other questions:
  • What is the Fisher effect? the tendency of nominal interest rates to rise with higher expected inflation rates the tendency of r
    11·1 answer
  • Weighted Average Cost Flow Method Under Perpetual Inventory System The following units of a particular item were available for s
    9·2 answers
  • Tim mows neighborhood lawns for extra money. Suppose that he would be willing to mow one lawn for ​$14​, a second lawn for ​$16​
    13·1 answer
  • Which shift in the demand curve most likely to describe a company in a monopolistically competitive market that begins to spend
    11·1 answer
  • The purpose of organizational behavior is to ________.
    14·1 answer
  • When the opportunity cost of producing a good rises as you produce more of it, you experience:_______.
    7·1 answer
  • The bookkeeper mailed out a check for $450 to a vendor, but the check has not been cashed yet. How is this recorded in a bank re
    8·1 answer
  • Tina enrolls in additional training for her personal development. Which quality is she demonstrating? Tina is demonstrating ____
    12·2 answers
  • Which statements best describes gases
    13·2 answers
  • Firms will generally make-to-order when
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!