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 of these is an advantage of filing for Chapter 7 bankruptcy?
kotegsom [21]

Answer:

B) Debts can usually be erased in about 6 months.

3 0
2 years ago
Fitch Supply Services received $1,000 cash from a customer; the amount was owed to the business from the previous month. What is
Solnce55 [7]

Answer:

Decrease the accounts receivable account in assets section of balance sheet by $1,000

Increase the cash account in assets section of balance sheet by $1,000

Explanation:

The Accounting equation for any entity is represented by the following equation:

Assets= Equity + Liability

When the entity receive any amount from customer in respect of the any credit sale made to him, the account receivable in the asset section will be decreased by the that amount and the cash section in the asset section will be increased by that amount.

In this case, Fitch supply services shall

Decrease the accounts receivable account in assets section of balance sheet by $1,000

Increase the cash account in assets section of balance sheet by $1,000

7 0
3 years ago
Finishing Touches has two classes of stock authorized: 7%, $10 par preferred, and $1 par value common. The following transaction
soldi70 [24.7K]

Answer:

i think your answer is correct

Explanation:

hello

3 0
3 years ago
The general pattern that consumption of the first few units of any good tends to bring a higher level of _______ to a person tha
ch4aika [34]

Answer:

1. utility

Explanation:

The law of diminishing marginal utility states that as consumption increases, the utility derived from consumption falls.

I hope my answer helps you

6 0
3 years ago
Sasha has a master's degree in writing, and currently works full-time as a 2nd grade classroom helper. she submits articles for
Setler [38]
Based on the scenario above, Sasha describes herself as what she say is that she is underemployed, whereas the bureaus of labor statsitics will likely classify Sasha as being employed.

-Underemployed is defined as having a worker to be underused to a job by which the individual’s skill is not used.

<span>- </span>Employed – it is defined as having to provide work to an individual and being able to pay them for their work and efforts

6 0
3 years ago
Other questions:
  • A real estate company owns 120 apartments which are fully occupied when the rent is $650 per month. Analytics indicate that for
    7·2 answers
  • Anheuser-Busch InBev Companies, Inc., reported the following operating information for a recent year (in millions of dollars): N
    5·1 answer
  • In the moeny market, an excess supply of money is equivelant to an excess of bonds
    7·2 answers
  • Exotic Roses, owned by Margarita Rameriz, provides a variety of rare rose bushes to local nurseries that sell Rameriz's roses to
    12·1 answer
  • The first Photography Club dinner that was paid for in advance concluded at 10:00 pm on the last evening of the month. The Club'
    15·1 answer
  • At the beginning of its current fiscal year, Willie Corp.’s balance sheet showed assets of $11,400 and liabilities of $5,700. Du
    5·1 answer
  • A company that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the lab
    10·1 answer
  • Please help--
    8·1 answer
  • Hey i need help with sum
    13·1 answer
  • Which of the following statements is true regarding the functions of culture in an organization? A) It hinders the generation of
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!