If a bakery hires on person to bake cookies and another to bake cakes,the bakery is applying the concept of specialization.

Stan and Heidi are married and both have careers in business. If one of the two were todie, there would be a sudden drop in inco

alex41 [277]

Answer:

Life insurance.

Explanation:

Life insurance is defined as a contract that is raised between an individual and an insurance company that guarantees the payment of a particular amount tonthe individual's beneficiary in the case of death. The insurance policy requires premium to be paid on agreed intervals.

Stan and Heidi are both having caterers in business, and death of one of them will lead to decreased income.

To guard against this the couple can purchase a life insurance that will pay beneficiary a guaranteed sum in case of death of one of the partners.

This will ensure there is no sudden drop in their income.

4 0

3 years ago

You are the beneficiary of a life insurance policy. The insurance company informs you that you have two options for receiving th

Ronch [10]

Answer:

you should accept the payments because they are worth $56,451.91 today

Explanation:

We have to determinate the present value of the proposed annuity of $641 per month over a ten year spawn

Then, the value of the annuity:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 641.00

time 120 (12 months x 10 years)

rate 0.005416667

$641 \times \frac{1-(1+0.00541666666666667)^{-120} }{0.00541666666666667} = PV\\$

PV $56,451.9083

5 0

4 years ago

If the M1 multiplier is 3 and the Fed engages in open-market purchases in the amount of $3 billion, then monetary base will Grou

zavuch27 [327]

Answer:

A

Explanation:

By definition, open-market operations change the monetary base.

In this exercise, the Fed engages in open-market purchases, which means that the Fed expands the amount of money in the banking system. Therefore the monetary base will increase by an amount equal to the amount of open-market purchases.

So monetary base will increase by $3 billion.

7 0

3 years ago

A company has a discount on a forward contract for an asset. How is the discount recognized over the life of the contract?

exis [7]

Answer: It is charged to accumulated other comprehensive income.

Explanation:

The discount is recognized over the life of the contract when it is charged to accumulate other comprehensive income.

5 0

3 years ago

geographic information systems (gis) can be used by the retailer for all of the following except: select one: a. mapping geograp

Hunter-Best [27]

Geographic information systems (gis) can be used by the retailer for all of the following except: c. establish sales budgets.

Geographic information systems is a type of database containing geographic information, combined with software tools for dealing with, studying, and visualizing the ones information.

A Geographic records device (GIS) is a computer gadget that analyzes and presentations geographically referenced facts. It uses records that is attached to a completely unique area. maximum of the data we have about our international contains a region reference.

Learn more about Geographic information systems here:brainly.com/question/13210143
#SPJ4

5 0

1 year ago