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
ELEN [110]
2 years ago
10

Joshua is 25 years old and has a high risk job making $72,000 a year. The insurance company charges him an extra 20% on top of h

is premium rate because of his job. If Joshua wants a policy that will replace five years of his salary, what is the annual premium for the cheapest policy? For age 25, whole life for male is 15 dollars and 38 cents, 20-payment life is 26 dollars and 40 cents, and 20-year endowment is 34 dollars and 2 cents. A. $1,107 b. $1,328 c. $5,537 d. $6,644.
Business
1 answer:
Aneli [31]2 years ago
8 0

The correct answer is D. $6,644.

A life insurance is an insurance that pays a sum or a current benefit to the beneficiary in the event that the insured dies.

It is especially bereaved children or cohabitants / spouses who have the value of a life insurance benefit after a deceased person. A life insurance policy is taken out with a life insurance company and often in the context of a pension savings account.

In order to take out an individual life insurance policy, you must provide information about your health. If one's health is worse than the health of the normal stock, the insurance company may refuse to take out insurance, calculate an increased premium or introduce a stricter condition on the life insurance - a clause.

Learn more in brainly.com/question/25800942

You might be interested in
Which is the best answer
Ipatiy [6.2K]
The answer would be between A and D.
3 0
3 years ago
Owns taxi (automobile) worth $1,315 A. Asset C. Both B. Liability D. Neither
lys-0071 [83]
A automobile would be a asset

5 0
3 years ago
A stock has an average expected return of 10.8 percent for the next year. The beta of the stock is 1.22. The T-Bill rate is 5% a
uranmaximum [27]

Answer: 4.7%

Explanation:

Expected return is calculated as:

= Risk free return + Beta ( Market risk premium)

10.8% = 5% + (1.22 × Market risk premium)

10.8% - 5% = 1.22market risk premium

5.8%/1.22 = market risk premium

Market risk premium = 0.058/1.22

Market risk premium = 0.047

Market risk premium = 4.7%

7 0
3 years ago
Purchasing marketable securities with cash will have no effect on a company's acid-test ratio.
slava [35]

Answer:

given statement is true

Explanation:

given statement of purchase marketable security with the cash have not effect on the organization acid test ratio is true because

the cash and marketable security both will be considered for the calculation of acid test ratio and there is not effect

because change by the cash to the marketable securities

so as that given statement is true

3 0
3 years ago
A milestone is a typical measuring point used when establishing cost control. Which of the following DOES NOT accurately describ
KiRa [710]

Answer:

d. Milestones are developed during risk planning.

Explanation:

A milestone is a typical measuring point used when establishing cost control. Which of the following does NOT accurately describes the use of cost control milestones?Select one:a. Project managers and sponsors often decide the number of milestones jointly.b. Milestones are often identified in the project charter.c. Project managers can use their cash flow projections to determine the funding needed to reach each milestone.d. Milestones are developed during risk planning.

<u>ANSWER</u>

It is not correct that milestones are developed during risk planning but rather they are developed during Project budgeting where the deliverables are identified in terms of the cost to achieve them. Truly as stated in the scenario's options, Project managers can use their cash flow projections to determine the funding needed to reach each milestone. It is in the project planning phase that these milestones are established by Project managers and sponsors jointly.

5 0
3 years ago
Other questions:
  • The Food and Drug Administration is targeting salt in processed foods as a health hazard, and some experts believe the agency wi
    14·1 answer
  • A carpenter sells _______ , whereas an automobile manufacturer sells _______.
    12·1 answer
  • The stock of Lavender Corporation is held as follows: 80% by Jade Corporation (basis of $400,000) and 20% by Tiffany (basis of $
    6·1 answer
  • For the year ending December​ 31, 2018, Sparks Electric expects net cash provided by operations of $ 328, 000​, net cash used by
    6·1 answer
  • Many banks and phone companies now charge fees for once-free services to ensure minimum customer revenue levels. This helps bank
    13·1 answer
  • Suppose physical capital per worker increased to $60,000 between 1990 and 2000, and output per worker increased by $45,000 over
    10·1 answer
  • PLS HELP IF YOU CAN!! In the first year of your career you learn that to be promoted, you must demonstrate that you have the ski
    7·2 answers
  • Suppose the government introduces tax incentives to increase private household saving. What would be the effect on net capital o
    9·1 answer
  • When price increases, quantity supplied
    5·1 answer
  • Which of the following is a characteristic of a public good?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!