405,000
HOPE THIS HELPS!!!!!!! ;-)
Answer:
e. $225,000.
Explanation:
Since Bob Shockey pays interest as in accrues, the amount the beneficiary will receive if he dies before the debt is repaid will be the cash value of his life insurance policy minus amount borrowed to send his daughter to private college. This can be calculated as follows:
Amount to receive by beneficiary = $250,000 - $25,000 = $225,000
Therefore, his beneficiary will receive $225,000.
The standard repayment plan is the basic plan for repaying student loans. You're automatically placed in this plan when you start repayment, unless you select a different option.
Answer:
The most sensible position is to understand that theory, while not practical in itself, can be immensely helpful when dealing with pratical matters.
This is because theory gives you a sound conceptual foundation that can be used to analyze the practical context, and approach it with the best possible practical solutions.
Without theory, managers have to rely too much on intuition, which can often fail.
