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4 years ago

What is the purpose of life insurnce

Business

2 answers:

DiKsa [7]4 years ago

6 0

Answer:

0-0

Explanation:

*Looks on google*

The purpose of life insurance is to provide financial protection to surviving dependents after the death of an insured.

user100 [1]4 years ago

5 0

Answer:

The purpose of life insurance is to provide financial protection to surviving dependents after the death of an insured. It is essential for applicants to analyze their financial situation and determine the standard of living needed for their surviving dependents before purchasing a life insurance policy.

Hope this helps :)

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Angela wants to calculate her take-home pay. She earns $1,377 monthly. She pays federal tax of $200, state tax of $41.31, and 7.

mario62 [17]

Angela wants to calculate her take-home pay. She earns $1,377 monthly.
She pays federal tax of $200
state tax of $41.31,
and 7.65% in FICA tax.
Let's solve for Angela's monthly net pay.
=> 1 377 dollars * 0.0765 = 105.34 dollars is the FICA tax
=> 1 377 - (105.34 + 200 + 41.31)
=> 1377 - 346.65 = 1030.35 dollars is her monthly net pay,

3 0

4 years ago

Read 2 more answers

In a simple graphical model of the supply and demand for pizza with the price of pizza measured vertically and the quantity of p

puteri [66]

Answer:

Option (2) is correct.

Explanation:

A supply curve is a graphical representation of quantity supplied of a commodity at every price level. The law of supply states that there is a direct relationship between the price of the product and the quantity supplied of the product.

This is one of the main reason of upward sloping supply curve. This means that as the price of a product increases then as a result the quantity supplied for that good also increases.

Demand curve is a downward sloping curve which shows that there is an inverse relationship between the price of the good and the quantity demanded for that good.

8 0

3 years ago

A committee of size 5 is to be selected at random from 3 women and 5 men. The probability distribution for the number of women o

katrin [286]

9514 1404 393

Answer:

Explanation:

In general discrete distributions from small populations will not be "normal."

Here, the distribution of the number of women is ...

p(n = 0) = 1/56

p(n = 1) = 15/56

p(n = 2) = 30/56

p(n = 3) = 10/56

The distribution is asymmetric and skewed toward lower numbers.

It is NOT NORMAL.

5 0

3 years ago

Read 2 more answers

Shelp Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 7.15 Direct labor $ 3

MArishka [77]

Answer:

The total amount of period costs incurred to sell 9,000 units is closest to $49,500

Explanation:

In order to calculate the total amount of period costs incurred to sell 9,000 units we would have to make the following calculation:

Total amount of period costs incurred to sell 9,000 units=Sales commissions+Variable administrative expense+Fixed selling and administrative expense

Sales commissions= 9,000*0.5=$4,500

Variable administrative expense= 9,000*0.5=$4,500

Fixed selling and administrative expense= $40,500

Total amount of period costs incurred to sell 9,000 units=$4,500+$4,500+$40,500

Total amount of period costs incurred to sell 9,000 units=$49,500

4 0

3 years ago

A construction worker was working at the construction site of a new building. An open elevator, which had been installed in the

Lostsunrise [7]

Answer:

No, because the worker was not in danger while on the stalled elevator.

Explanation:

Product liability is defined as the liability that the producer of a good bears for putting a defective or dangerous product in the hands of the consumer.

For any injury done to the consumer, the producer is liable.

However in this scenario when the elevator stalled he was in no danger, but after waiting 15 minutes for help, he became anxious and jumped 12 feet to get out. He severely injured his back when he landed.

The injury was not as a result of product defect. So the worker is not likely to obtain a judgment for 100% of his damages.

3 0

3 years ago