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jenyasd209 [6]
2 years ago
13

After the elimination period, a totally disabled insured qualified and started receiving benefits from his disability income pol

icy that has a waiver of premium rider. What will most likely happen to the premiums paid into the policy during the elimination period?
a. premiums will be waived
b. premiums will be refunded
c. premiums will be retained by the company, but no further premium will be required for the duration of the disability
d. premiums will be prorated
Business
1 answer:
Andrej [43]2 years ago
7 0
A premium will be waived
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Explanation:

Area = Area of sides + area of semicircle thing

= (2*0.21*0.31) + (2*0.31*0.61) + (0.21*0.61) + ( 3.14*0.105*0.61) + (3.14*0.105*0.105) = 0.872 m^2

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Worth 20 points:)
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B. $250 thousand

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The president had been saying till then that  the opposition and the population could read his lips that there will not be new taxes.

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3 years ago
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Which of the following transactions will REDUCE your checking account balance immediately?
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the answer B

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On January 1, 2016, Lester Company purchased 70% of Stork Corporation's $5 par common stock for $600,000. The book value of Stor
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Answer:D. $0

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3 years ago
2700 thousand bonds with a face value of $1000 each, are sold at 106. The entry to record the issuance is
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Date, bonds sold at a premium

Dr Cash $28620000000

   Cr Bonds payable $2,700,000,000

   Cr Premium on bonds payable $1,62,000,000

Explanation:

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since the bonds were sold at 106, their price was =

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the difference between the face value and the actual market price = $2,862,000,000 - $2,700,000,000 = $1,62,000,000 must be recorded as premium on bonds payable (increases the bonds' carrying value)

<h3>What is the difference between market value and face value?</h3>
  • The market value is the actual price at which the security trades on the open market, as well as the price that fluctuates when the yield reacts to changes in interest rates.
  • The face value is determined by the issuing company. It may be the value at which the firm redeems the shares at some point in the future, but there is no guarantee.

Learn more about date and the interest expense:

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