I believe the answer is: Long Term Care Benefit rider
Long Term Care Benefit rider would obtain a certain amount of benefit if somehow they require direct daily care when unable to provide it for themselves. But the amount of benefit that is given usually would be deducted from the amount of the insured's death benefit.
Answer:
12.28%
Explanation:
In this question, we use the Rate formula which is shown in the spreadsheet.
The NPER represents the time period.
Given that,
Present value = $1,407
Future value or Face value = $1,000
PMT = $1,000 × 20% = $200
NPER = 9 years
The formula is shown below:
= Rate(NPER;PMT;-PV;FV;type)
The present value come in negative
So, after solving this, the answer would be 12.28%
Commit to buy more in the future
Taking most as more than half, then more than half of good managers enjoy mentoring people and more than half good managers are people-oriented. So, necessarily the two sets overlap, meaning tha some good managers are both people oriented and enjoy mentoring.
Then the answer is yes, some people oriented individuals enjoy mentoring employees.