1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.
You might be interested in
Which one of the following is an example of systematic risk? Multiple Choice Investors panic causing security prices around the
Rus_ich [418]

Answer:

Multiple Choice Investors panic causing security prices around the globe to fall precipitously

3 0
3 years ago
Childress Company produces three products, K1, S5, and G9. Each product uses the same type of direct material. K1 uses 3.1 pound
photoshop1234 [79]

Answer:

Contribution margin per pound

K1  - $16.90

S5 - $8.60

G9  - $10.40

Explanation:

Both sales and variable cost are dependent on the number of units sold.

The sales less the variable cost gives the contribution margin. The contribution margin less the fixed cost gives the net operating income.

The contribution margin per pound for each of the three products is the ratio of the contribution margin per unit of a product to the number of pounds required per unit of that product.

                                           K1                  S5                        G9

Selling price                      $147.39        $112.64                 $215.56

Variable costs                     $95.00       $92.00                 $149.00

Contribution margin            $52.39       $20.64                 $66.56

Pounds per unit                       3.1                2.4                       6.4

Contribution margin/pound  $16.90       $8.60                   $10.40

7 0
3 years ago
"Bronson Manufacturing is planning to issue $12 million in bonds. Based on a poll of potential investors, they have the highest
telo118 [61]

Answer:

C.eight-year bond with 5.5% annual interest rate

Explanation:

The computation of the total options under each option is as follows:

As we assume the par value be $1,000

For Option A

Total interest

= 9.5% × $1,000 × 3 years

= $285

For Option  B      

Total interest is

= 7.25% × $1,000 × 4 years

= $290

For Option C

Total interest is

= 5.5% × $1,000 × 8 years

= $440

For Option D

Total interest is

= 6% × $1,000 × 6 years

= $360

As we can see that the option C contains high value of the total interest. So the same is to be selected

6 0
2 years ago
The goal of study skills and strategy instruction is to
Norma-Jean [14]
STUDY EVERYDAY AND MAKE SURE IF YOU NEED HELP ASK
3 0
3 years ago
By participating in as many newsworthy events as possible, such as visiting orphanages or disaster sites, candidates are often a
nikdorinn [45]
I would say in these cases where candidates are being seen at disaster sites or orphanages for example, they are attempting to catch media attention for their apparent humanitarian qualities and thus garner support amongst the voters.
6 0
3 years ago
Other questions:
  • By offering a free dog biscuit with each cup of coffee, the Coffee Collective entices customers to visit its shop during the pet
    10·1 answer
  • A portion of the Sarbanes-Oxley Act makes it illegal to fire or otherwise discriminate against a corporate officer for trying to
    5·1 answer
  • Tom, age 13, is claimed as a dependent by his parents. Tom has unearned income of $3,400 and $300 of income from mowing lawns in
    9·1 answer
  • A monopolist's profits with price discrimination will be Select one: a. lower than if the firm charged a single, profit-maximizi
    8·1 answer
  • Taka is considering sending a message regarding a raise but is concerned since the company is struggling financially. Taka has d
    9·1 answer
  • Heart of Tennessee Telecom has these account balances at December​ 31, 2016​:
    10·1 answer
  • The placement of proof-point information on product packaging is part of which of the four ps?
    15·1 answer
  • Although skyscrapers are mostly composed of steel and glass, carpenters are often employed to help with construction. How might
    12·1 answer
  • What are the three reasons that companies import?
    5·1 answer
  • Quick answer needed!
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!