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]
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

You might be interested in
A popular clothing brand has released a new range of pants. The brand manager wants to target several sections of youth with thi
Andrej [43]

.Answer:

A.  customer classification

Explanation:

Classification of consumers is the process of grouping customers according to shared traits. Customers in the same group will share some common characteristics that a business can use to serve them better. In customer classification, the firm seeks to identify the common traits that make customers have similar buying patterns.

The manager in the clothing brand has identified traits he can use to classify the target customers into four groups. He has applied customer classification. If he subdivides each group by specific attributes such as age, gender, or other similarities, he would be doing customer segmentation

7 0
3 years ago
The production possibilities curve is bowed out (curve) because
Korolek [52]

Answer:

as the price of a good increases,the quantity supplied decreases

7 0
2 years ago
Read 2 more answers
Individual marketing across segments creates more total sales than any other type of marketing. ​
Flura [38]

Answer:

false

Explanation:

7 0
3 years ago
A _____ _____ is similar to a bond payable but is normally transacted with a single lender such as a bank
777dan777 [17]

A note is transacted through a single lender but it is similar to a bond payable.

<h3>What are bonds?</h3>

Bonds are the trading securities in the stock market which provide a constant amount of interest to the holder of bonds.

A note is a kind of debt where one party, that is, the payer agrees to pay back against the amount taken from the other party, that is, the lender.  In the case of bonds, they are issued by companies to a large group of investors, called bond investors. Both are debts but contrasted on the basis of a number of lenders.

Therefore, the bond payable is similar to the note but differentiated due to the involvement of only one lender.  

Learn more about the bonds in the related link:

brainly.com/question/14064867

#SPJ1

6 0
2 years ago
What is the amount of money you still owe to their credit card company called?
monitta
An outstanding balance on your account
8 0
3 years ago
Other questions:
  • Explain the role of finance in business​
    6·2 answers
  • How does a country's GDP help you determine if its economy is strong or weak?
    8·2 answers
  • Which of the following statements is true of semiglobalization?
    5·1 answer
  • Multiple Production Department Factory Overhead Rates The total factory overhead for Bardot Marine Company is budgeted for the y
    6·1 answer
  • GDP is adjusted for inflation bias computed in different years using a common set of fixed base-period prices.
    14·1 answer
  • Vin Diesel owns the Fredonia Barber Shop.
    11·1 answer
  • "Raising the interest rate on reserves above the current fed funds rate means that the floor of reserve demand will push the equ
    13·1 answer
  • Which of the following is an example of earned income?
    10·1 answer
  • A+b+c=4<br> aa+bb+cc=10<br> aaa+bbb+ccc=22<br> aaaa+bbbb+cccc=???
    5·1 answer
  • if there is an increase in the demand for a good, what will happen to the equilibrium price and quantity of the good exchanged?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!