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Andre45 [30]
3 years ago
13

Imagine that you work for a life insurance company. You are setting premiums for insurance based on life expectancy. Assuming yo

u charge a higher premium for people expected to have shorter lives, you know that ________ will generally pay more for life insurance than ________.
Business
1 answer:
jok3333 [9.3K]3 years ago
3 0

Answer:

magine that you work for a life insurance company. You are setting premiums for insurance based on life expectancy. Assuming you charge a higher premium for people expected to have shorter lives, you know that ____older people____ will generally pay more for life insurance than ___younger people_____.

Explanation:

Setting life insurance premiums take into consideration the age of the insured (insurance policyholder).  Other factors considered in setting premiums are gender, medical history, hobby, and career.  Insurance premiums are periodic payments which the insured is expected to make to the insurance company (insurer) to cover the cost of the financial service being rendered and contribute to the defined benefits that will be paid upon expiration or in the event of the risk occurring.

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Consider a mutual fund with $219 million in assets at the start of the year and with 12 million shares outstanding. The fund inv
Ghella [55]

Answer:

Missing word <em>"What is the Rate of return"</em>

a. Asset at the end of the year = (Asset at the start of the year + Increase in value) * 12b-1 charges

Asset at the end of the year = ($219 million+ ($219 million * 7%)) * (1-0.50%)

Asset at the end of the year = ($219 million + $15.33 million) * 0.9950

Asset at the end of the year = $234.33 million * 0.9950

Asset at the end of the year = $233.16 million

Net asset value at the end of the year = Asset at the end of the year / Number of shares

Net asset value at the end of the year = $233.15835 million / 12 million

Net asset value at the end of the year = $19.430

b. Rate of return = (Net asset value at the end of the year + dividend per share - Net asset value at the start of the year) / Net asset value at the start of the year

Rate of return = ($19.430 + ($6 / 12) - $18.250) / $18.250

Rate of return = ($19.430 + $0.50 - $18.250) / $18.250

Rate of return = $1.68 / $18.250

Rate of return = 9.20%

5 0
3 years ago
Ari is currently consuming 10 hot dogs and 8 hamburgers per week. The last hot dog she consumed yielded 20 utils while the last
katen-ka-za [31]

Answer:

Yes, there is no need to change the eatings habits

Explanation:

Ari will maximize utility until

MU / P for both is equal in order to be at equilibrium

So, in this case,

For Hot dogs

= MU / P

where

MU is marginal utils, which is 20

P is Price, which is $2

So,

= 20 / $2

= 10

For Hamburgers

= MU / P

where

MU is marginal utils, which is 25

P is Price, which is $2.5

So,

= 25 / $2.5

= 10

Therefore, MU / P for hot dog = MU / P for Hamburger

Hence, there is not need to change the eatings habits.

6 0
3 years ago
Compared to _____% in 1977, the labor force participation rate for men is now approximately ______% and is expected to decrease
blsea [12.9K]

Answer: 59; 53; 52

Explanation: Compared to 59% in 1977, the labor force participation rate for men is now approximately 53% and is expected to decrease through 2024 to 52%.

6 0
3 years ago
Why do interest rates follow the business cycle?During a recession, the demand for goods and services is lower, businesses borro
MArishka [77]

Answer:

The correct answer is letter "C": Interest rates tend rise during economic expansion and decline during recessions.

Explanation:

The expansion is the period of the economy that represents grow. Because of the prosperity atmosphere, people and businessmen request loans frequently pushing central banks and governmental entities to raise the interest rates to slow down the economy to prevent a recession. The recession itself is the period where the economy is contracted or reduced. In this case, the central banks and governmental entities decrease the interest rates to stimuli economy through loans and purchases.

6 0
3 years ago
In 2017, Randa Merchandising, Inc., sold its interest in a chain of wholesale outlets, taking the company completely out of the
Tju [1.3M]

Answer:

Randa Merchandising, Inc.

1. Indication of where each of the following income-related items for this company appears on its 2017 income statement.

Income Statement

1. Net Sales

2. Cost of goods sold

3. Depreciation expense

4. Income taxes expense

5. Gain on state's condemnation of company property, net of tax

6. Gain on sale of wholesale business segment, net of tax

7. Loss from operating wholesale business segment, net of tax

8. Loss of assets from a meteor strike, net of tax

Explanation:

Randa's income statement is prepared using a step-by-step approach.  It starts with the net sales from which the cost of goods sold is deducted to arrive at the gross profit.  Thereafter, the operating expenses are deducted to obtain the operating income.  Based on this, income taxes are computed before arriving at the operating income after taxes.  And then, the extraordinary items are disclosed (net of taxes) before arriving at the net income.

7 0
3 years ago
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