Answer:
guaranteed insurability rider
Explanation:
First of all, a rider is an insurance policy provision that allows customers to purchase insurance options that increase their coverage. Sometimes riders are given for free as a promotional free benefit.
A guaranteed insurability (GI) rider grants a current policy holder the option to purchase additional life insurance with no underwriting.
Answer:
Number of air conditioners to be produced = 40
Optimal solution value = $1,900
Explanation:
See attached pictures.
Answer:
underwrite
Explanation:
Underwriting involves the process through which an investment banker helps a corporation obtain the funds or capital it requires from financial markets. Investment banks perform several roles in the IPO process, including registering the stock and determine its fair price.
Through underwriting, the investment buys all the stock that a corporation is offering. By underwriting the stock, the investment banker guarantees the corporation that it will get the funds it is seeking. Underwriting is a risky venture. The investment banker buys the stock at a low price and sells them at a higher price to cover the risk and make some profits.
The proportion of working adults to retirees, which is
expected to rise dramatically as the baby boomers retire, is called the
old-age dependency ratio.
To add, old-age dependency ratio is <span>the ratio between the number of persons aged 65
and over (age when they are generally economically inactive) and the number of
persons aged between 15 and 64.</span>
The statement that is true among the choices given is option C. The presentvalue of money is greater than its future value. This statement is a fact and is always true. The present worth of a money is greater than its future value due to inflation. This is the principle called the time value of money.