Answer:
Car payment
Explanation:
Car payment when you purchase the car
no matter how sales or production change,
Your payments on the car be weekly or monthly will always be the same.
Hope this helped!
Answer:
$1,400
Explanation:
Calculation to determine the value of her liquid assets
Using this formula
Liquid Assets value =Checking account worth +Savings account worth
Let plug in the formula
Liquid Assets value=$500+$900
Liquid Assets value=$1,400
Therefore the value of her liquid assets is $1,400
Answer:
D. Extended form
Explanation:
The extended form is a non forfeiture option which is included to extend the coverage for a limited period of time upon the failure of the policy holder to pay the premiums. Here, the policy holder stops to pay the premiums but keeps the full amount of the policy in force for whatever term the cash value permits.
It is the default non-forfeiture option that is, it is automatically implemented.
Answer:
sinking fund provision
Explanation:
Sinking fund provision -
It is the type of fund , where certain amount of money is kept saved which is used to pay for the debt or bond , is referred to as sinking fund provision.
The company issuing the debt is required to pay the debt in the future , where the sinking funds enable to reduce the huge outlay of the revenue.
Hence , from the given scenario of the question, the correct term is sinking fund provision.