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musickatia [10]
3 years ago
5

For the past five years, a person has had a $20,000 whole life insurance policy that has a cash value clause. The person decides

to surrender the policy. At the time of surrender, the person will receive A: one-fifth of the $20,000 face value. B: $20,000 less the premiums paid. C: a calculated amount of money which includes the premiums paid as well as the interest on that money. D: a calculated amount of money that must be converted to a term life insurance policy.
Business
1 answer:
alexandr1967 [171]3 years ago
7 0
The correct answer is B.
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Which of the following is the best example of supporting language acquisition?
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Which of the following LEAST describes the concept of brand equity? Select one:
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The statement states least regarding the brand equity concept is option A

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A bond with a $1,000 face value and an 8 percent annual coupon pays interest semiannually. The bond will mature in 15 years. The
Keith_Richards [23]

Answer:

$781.99

Explanation:

The price of the bond can be computed using excel pv function given below:

=-pv(rate,nper,pmt,fv)

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nper is the number of semiannual coupons the bond would i.e 30 semiannual coupons in 15 years

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3 years ago
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