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aleksandrvk [35]
3 years ago
14

Fred Rogers bought a $50,000 whole life insurance policy at age 20. What is his annual premium if the rate is $18.75 per $1,000

of insurance coverage?
Business
1 answer:
Margarita [4]3 years ago
5 0

Answer:

Amount of annual premium = $937.5

Explanation:

Given:

Total amount of insurance coverage = $50,000

Rate of premium = $18.75 per $1,000 Insurance coverage

Find:

Amount of annual premium

Computation:

Amount of annual premium = Total amount of insurance coverage [18.75/1,000]

Amount of annual premium = 50,000[18.75/1,000]

Amount of annual premium = 50[18.75]

Amount of annual premium = $937.5

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_____ is a form of financial exchange that involves the use of checks.
dalvyx [7]

Answer:

deposit money

Explanation:

this is because it can not be online but checks are a way of transferring currency and so can not be currency so A deposit money is cancelled out answer

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Camera 1 costs $4,900. It should last for eight years and have annual maintenance costs of $220 per year. After eight years, the
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3 years ago
Mr. Fitzgerald is selling his home to permanently move into a retirement facility near his daughter in a neighboring state befor
AysviL [449]

"Mr. Fitzgerald is selling his home to permanently move into a retirement" He must be automatically dropped from the plan because he is relocating outside of the service region. He will be able to choose a new plan during a special election term. This is further explained below.

<h3>What is prescription drug plan?</h3>

Generally, Prescription drug plans (PDPs) are another name for Medicare Part D. These policies are available on their own from private insurance providers.

In conclusion, He must be automatically dropped from the plan because he is relocating outside of the service region. He will be able to choose a new plan during a special election term.

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6 0
2 years ago
Although test marketing costs can be high, they are often small when compared with ________.
Mkey [24]

Although test marketing costs can be high, they are often small when compared with the costs of a major mistake.

<h3>What is meant by test marketing?</h3>

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Standard test markets, controlled test markets, and simulated test markets are the three different types of test markets. The main users of test markets are marketers of consumer packaged goods. Products supplied in packets that people use practically daily are referred to as consumer packaged goods (CPG).

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2 years ago
1. The classical dichotomy and the neutrality of money The classical dichotomy is the separation of real and nominal variables.
Archy [21]

Answer:

These two options represent nominal values:

-The price of a beignet is $3.00 in 2011.

-Maria's wage is $27.00 per hour in 2011.

They are expressed in monetary value without taking into account inflation, or without being represented in terms of something else.

This option represents real value:

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In other words, in real terms, a beignet costs a third of what a paperback novel costs.

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