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nadezda [96]
3 years ago
7

An insurance company forwards fixed annuity premiums to their general account, where the money is invested. The guaranteed minim

um interest is set at 3%. During an economic downswing, the investments only drew 2.5%. What interest rate will the insurer pay to its policyholders?
a. 3% regardless of what the investment draws since that's the guaranteed rate
b. 2.5%
c. 3%
d. 3% this payment. The over payment this time will be subtracted from the next time the rate exceeds the 3%
Business
1 answer:
tatyana61 [14]3 years ago
3 0

Answer: c. 3%

Explanation:

The Insurance company guaranteed that the minimum rate that they will pay their policyholders as 3%. Just because the investments are now drawing only 2.5% due to the economic downtown does not absolve them of this agreement.

They must therefore still pay their policy holders the minimum return guaranteed which is 3%.

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A change in the price of a good has two effects on the quantity consumed. What are these​ effects?
ipn [44]

Answer:

The answer is B

Explanation: This because when we consume something it goes while if we do not the price goes down.

8 0
3 years ago
Concepts for Analysis 24-3 (Essay) Presented below are three independent situations.
Helga [31]

Answer:1. Make provision for warranty claims.

2. Disclosure of contingent liability

3. No cost should be recorded.

Explanation:

Warranty is an assurance made by firms to make good any agreed loss that is incurred by the customers in usage of goods and services whiting the period of the warranty. Since an estimation can be made based on firms history of sales a provision has to be made for possible warranty.

Since it's only probably that a loss will be Incurred by the firm by going into the contract and the financial statement has not been issue the firm should made a contingent liability disclosure in the report.

The self insurance is not a contract with a third party, in this vein no cost will be accrued until the loss is actually suffered.

6 0
3 years ago
Loss leaders are poorly managed retail companies of outlets. true or false.
Amanda [17]
False. Loss leaders are products that are sold at or below cost in order to lure you into the store.
6 0
3 years ago
Read 2 more answers
Sammy salt is an exempt employee and earns $275,000 per year. if sammy was paid on a weekly basis, what would his gross pay be?
egoroff_w [7]

Sammy salt makes $275,000 a year as an exempt employee. if Olivia was paid on a biweekly basis her gross pay would be $5,288.46.

A person's gross pay is their total earnings for a certain time period before any deductions are made. Gross compensation is determined before any deductions, such as those for required taxes and Medicare contributions, employer-provided health insurance, or retirement plans. The difference between the gross pay definition and the net pay definition is that the former excludes an employee's take-home compensation.

Employee's gross pay is their salary before any payroll deductions such as taxes, benefits, and other expenses are made. Net pay, often known as take-home pay, is the amount that is left after all withholdings have been taken into account.

To know more about Gross Pay refer to: brainly.com/question/14690804

#SPJ4

5 0
2 years ago
Which of the following materials could be potentially infected with bloodborne pathogens, assuming they are not mixed with human
Katena32 [7]

Answer:

Semen or vaginal secretions

Explanation:

"Bloodborne pathogens" refer to microorganisms that can be found in the blood or body fluids of humans. There are many kinds of bloodborne diseases such as <em>Hepatitis B</em> and<em> Hepatitis C</em> as well as <em>Human Immunodeficiency Virus (HIV).</em> They can be transmitted to another person through <em>having contact with the infected human blood or body fluids.</em>

Assuming that the materials above are not mixed with human blood (meaning, they are not contaminated with blood), then the semen or vaginal secretions are the only materials where the bloodborne pathogens can be transmitted. Thus, it is important <u>not to have sexual contact with the contaminated person such as people with HIV.</u>

So, this explains the answer.

4 0
3 years ago
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