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ELEN [110]
3 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]3 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

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When preparing responses to behavioral interview questions such as the following, you can organize your ideas according to the STAR format.

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8 0
2 years ago
community hospital in a rual community operates the ambulance service. the hospital purchases a new ambulance for $150,000. they
lisov135 [29]

Answer:

$150,000×20,000=3.000.000.000

Explanation:

3.000.000.000÷10=300.000.000 years

5 0
3 years ago
Ben wants to purchase a new tablet. He spends a lot of time researching the latest features available on different brands of tab
Vladimir [108]

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motivated

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to purchase the target, making him a (n) motivated consumer

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3 years ago
What is the definition of an entrepreneur
ANTONII [103]

Answer;////// An Individual who undertakes the creation, organization,and ownership of an innovative business with the potential for growth///One who draws upon his or her skills and initiative to launch a new business venture with the aim of making a profit, Often a risk-taker, inclined to see opportunity when others do not.................................Good luck


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3 years ago
What is the price of money
OverLord2011 [107]

Answer:

The price of money is a function of the prices of all other goods and services in the economy. Many economists proxy the price of money using the inverse of an aggregated price index. All else being equal, a higher price level implies a lower price of money; a lower price level implies a higher price of money

5 0
3 years ago
Read 2 more answers
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