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
DerKrebs [107]
2 years ago
15

1. Bob bought a $135,000 term life insurance policy. He is 35 years old and does not smoke. Find

Business
1 answer:
Sergio039 [100]2 years ago
7 0

Based on then information given his annual premium is $175,50.

<h3>Annual premium</h3>

Since he bought a life insurance policy of the amount of $135,000 his annual premium can be calculated as:

Annual premium per $1000 of coverage for a 35-year old = 1.30

Annual premium=Life insurance policy/1,000 ×1.30

Where:

Life insurance policy=$135,000

Let plug in the formula

Annual premium=$135,000/1,000×1.30

Annual premium= $175.50

Inconclusion his annual premium is $175,50.

Learn more about annual premium here:brainly.com/question/25280754

You might be interested in
All competitive advantages have:________1. a limited life. 2. unrestricted sustainability. 3. protections against imitability. 4
dimulka [17.4K]

Answer:

The answer is the ability to earn above average returns indefinitely

Explanation:

To earn above the average returns are form of returns in excess of what an investor expects to earn from other investments with similar amount of risk. This gives an ability to manufactures to produce at the lowest cost, which is an advantage to organizations.

7 0
3 years ago
Read 2 more answers
D
vichka [17]

Answer:

income - expenses

Explanation:

net income is an entity's income minus all the expenses, taxes etc and net worth is the total wealth own by individual minus expenses.

3 0
2 years ago
If it takes a supplier 25 days to deliver an order once it has been placed and the standard deviation of daily demand is 20, whi
Volgvan

Answer:

option (B) 100

Explanation:

Data provided in the question:

Number of days supplier takes to deliver an order once it has been placed i.e the lead time = 25 days

Standard deviation of daily demand = 20

Now,

Standard deviation of usage during lead time

= Standard deviation of daily demand × √(Lead time)

= 20 × √25

= 20 × 5

= 100

Hence,

The answer is option (B) 100

7 0
3 years ago
What Are Some Reasons To Have A Credit Card?
andreev551 [17]

Answer:

1 Boost your credit history and score

2 Internet purchases

3 Emergency money

4 Rewards

5 History of purchases

6 No fear of loss or theft

7 Interest free money

8 Merchant protection

9 Insurance on purchases

10 Convenient when traveling

3 0
3 years ago
Ajax Computer Company is an accrual-method calendar-year taxpayer. Ajax has never advertised in the national media prior to this
SOVA2 [1]

Answer: No deduction can be claimed this year.

Explanation:

The options to the question are:

a. No deduction can be claimed this year.

b. $5.50 million

c. $2,500,000

d. $5.50 million only if the professional golf tournament is played before April 15.

Answer:

Since Ajax Computer company is an accrual method calender-year tax payer, the computer company would recognize the expenses only when such expenses are incurred and not at the time that cash is being paid for the the expenses

Ajax computer company already paid in advance for both advertisements the following year even though the advertisement eanst taking place that year. Therefore, the payments will not be considered to be an expense until advertisements has actually taken place. Because of this, Ajax cannot deduct the amounts paid for the advertisements next year and hence, no deduction will be claimed this year.

4 0
3 years ago
Other questions:
  • Doodle inc., a renowned interior design services company, tries to increase its customer base through web presence. it regularly
    12·1 answer
  • Trez Company began operations this year. During this first year, the company produced 100,000 units and sold 80,000 units. The a
    13·1 answer
  • When the central bank decides to increase the discount rate, the:?
    13·1 answer
  • For most young people, working full-time and going to school are substitutes: You tend to do one or the other. When it’s tough t
    7·1 answer
  • If an advertisement is affiliated with a website's content, what might that suggest?
    9·1 answer
  • Glamour Gal, a popular women's cosmetics company is gaining popularity among younger women. Differentiating itself from the sea
    13·1 answer
  • The coupon rate is the rate of interest that the issuer of the bond must pay. (II) The coupon rate is usually fixed for the dura
    14·1 answer
  • Specialization__________ the productivity of a nation's resources and allows for larger total _________.
    12·1 answer
  • There are currently 69,000,000 U.S. Twitter users. Roughly 46% of Twitter are on the platform daily. How many Twitter users are
    15·1 answer
  • What is an an intrinsic reward?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!