Answer:
Dennis, age 25, needs lifetime life insurance protection. His agent showed him a chart displaying yearly renewable term premiums and level-premiums for the next ten years. The level premiums were always higher than the yearly renewable term premiums. Based on this chart, Dennis is convinced he should purchase yearly renewable term insurance. What is Dennis overlooking?
"Age" and "Amount of coverage" is the important factor that is being overlooked.
Explanation:
"Age" and "Amount of coverage" is the important factor that is being overlooked.
In level premium insurance, premium prices remain unchanged throughout the term whereas, in yearly renewable term premiums, premium rates rise as the policies age.
Additionally, in level premium, the amount of coverage offered increases over time at no additional expense.
C) Credit card is an electronic card directly connected to a checking account
Answer: the correct answer is letter D. the nominal interest rate is the stated interest rate whereas the real interest rate is the nominal interest rate minus the inflation rate.
Explanation: in financial maths when you speak about "real" rates you should consider the inflation impact.
It would be D!
when you’re working in a group, you’d want everyone to participate, put commitment into the work, and do their parts as individuals in the group.
The company's reputation reflects the perceived quality of its goods and services.
A company's reputation will always show the perceived quality of its goods & services as well as prominence of the brand in the minds of the public.
- A brand reputation is one of the most important intangible asset of a company because its gives rise to the tangible asset which means higher sales and increased profits.
In conclusion, brand reputation was gained through customers trust & loyalty from the company's consistent service.
Read more about Brand Reputation here
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