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V125BC [204]
3 years ago
14

If your dad wanted to purchase a new life insurance policy, which would you recommend and why?

Business
1 answer:
pentagon [3]3 years ago
3 0

Answer:

I would recommend Ladder.

Explanation:

I would recommend Ladder because it is easy to apply. If they don't like it they have a 30 day cash back and can decrease or increase your coverage over time.

You might be interested in
A 4.9 percent corporate coupon bond is callable in 10 years for a call premium of one year of coupon payments. Assuming a par va
NeTakaya

Answer:

$1,049

Explanation:

Data given in the question

Par value = $1,000

Interest rate = 4.9%

Time period = 10 years

So, by considering the above information, the price paid to the bond holder is

= Par value + Par value × rate of interest

= $1,000 + $1,000 × 4.9%

= $1,000 + $49

= $1,049

Hence. the price paid to the bond holder is $1,049

4 0
3 years ago
THE WINNER IS cssa06160! She/he answerd the most questions with all accuracy : )!!! She will get brainliest
o-na [289]

Answer:

^--^

Explanation:

3 0
3 years ago
Suppose an increase in demand in the market for mutual funds (a financial capital market) causes the interest rate to increase f
Cerrena [4.2K]

With the increase in the demand of the mutual funds, the quantity supplied of the mutual funds will also increase because of the increase in the rate of interest.

<u>Explanation:</u>

All in all, when the rate of interest is rising, it normally makes shared assets, and different ventures, less appealing. This is on the grounds that the expense of acquiring increments with an expansion in loan fee and people and organizations has less cash to place in their portfolio.

As a result of this increase in the cost of borrowing, the quantity supplied of the mutual funds increases in the market, thus increasing the supply in the financial market.

5 0
3 years ago
Symon's Suppers Co. has announced that it will pay a dividend of $4.23 per share one year from today. Additionally, the company
sweet-ann [11.9K]

Answer:

$68.23

Explanation:

In this question, we apply the dividend growth rate model which is shown below:

The computation of the current share price is shown below:

= (Current year dividend) ÷ (Rate of return on company stock - growth rate)

= ($4.23) ÷ (10.6% - 4.4%)

= ($4.23) ÷ (6.2%)

= $68.23

We simply find out the ratio between the current year dividend per share and difference between the rate of return and the growth rate

6 0
3 years ago
Retreaded Tires plans to save $23,500, $24,500, $26,500, and $28,000 at the end of each year for Years 1 to 4, respectively. If
exis [7]

Answer:

<u><em></em></u>

  • <u><em>Option C. $105,608.11</em></u>

<u><em></em></u>

Explanation:

Basis:

  • Interest compounded monthly
  • rate = 0.021/12 = 0.00175

1. Year 1:

All the figures in dollars.

  • Initial balance: 0
  • Initial balance + interest = 0
  • Deposit at the end of the year: 23,500
  • Final balance: 23,500

2. Year 2:

All the figures in dollars.

  • Initial balance: 23,500
  • Initial balance + interest: 23,500 (1 + 0.00175)¹² = 23,998.28
  • Deposit at the end of the year: 24,500
  • Final balance: 24,500 + 23,998.28 = 48,498.28

3. Year 3:

All the figures in dollars.

  • Initial balance: 48,498.28
  • Initial balance + interest: 48,498.28(1 + 0.00175)¹² = 49,526.60
  • Deposit at the end of the year: 26,500
  • Final balance: 26,500 + 49,526.60 = 76,026.60

4. Year 4:

All the figures in dollars.

  • Initial balance: 76,026.60
  • Initial balance + interest: 76,026.60(1 + 0.00175)¹² = 77,638.62
  • Deposit at the end of the year: 28,000
  • Final balance: 28,000 + 77,638.62 = 105,638.62

Assuming differences in rounding intermediate values, the answer is the option C.

3 0
3 years ago
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