k purchased a life insurance policy in 1986 which paid 10% interest in the early years of the policy. 20 years after the purchased, she received a notice from the insurer stating that the policy will soon terminate unless a much higher premium is paid because because of falling interest rates. this type of policy is known as a life policy

Answers

Answer 1

The above type of policy is known as a universal life insurance life policy.

What is universal life insurance?

Universal life insurance is a form of permanent insurance, which indicate that coverage can last throughout lifetime so long as premiums are paid. It is the cost of insurance that refers to the amount of money charged by the insurer to cover you.

The Universal Life Policy can be considered as a kind of permanent life insurance. Also, an individual is covered along with his/her life.

The universal life insurance policyholder can see the following:

The expense charges. The interest earned.Cost of insurance.

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Related Questions

Why is it necessary to have a W-2 or 1099 form when using tax preparation software?

Answers

It is necessary to have these forms because they would help to report income that is gotten by a person that are not through employment.

The 1099 helps to record the amount that is earned by a person who is not employed.

The 1099 helps to calculate either the dividends that a person gets through the fact that they own stocks or the interests that they accrue from keeping their money in the bank.

The W-2 is used by employers to record the income of their employees. The W-2 also tells the employee the amount of taxes that was withheld from their pay.

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Which parts of the federal government played a major role in stabilizing the economy after the 2008 economic crisis

Answers

The parts of the federal government that played a major role in stabilizing the nation after the Great Recession were:

The President Congress The Fed

President Obama instituted several Executive Orders aimed at helping the economy and also proposed laws to Congress as well that would help the economy.

Congress passed several laws that increased federal government intervention and made the financial system more secure to help the nation stabilize after 2008.

The Federal Reserve engaged in an aggressive expansionary monetary policy that saw more money pumped into the economy such that the economy was able to rebound.

In conclusion, several federal bodies did what they could to help the nation stabilize after the Great Recession.

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trini started a new office job and her supervisor trained her for the position. however, her supervisor was not an adequate trainer and left trini with more questions than answers. the supervisor told trini to take the stack of invoices and enter the order numbers, order amounts, and purchase price into the spreadsheet. the supervisor said to let trini to let her know when she was done entering the numbers so she could check trini’s work. trini worked diligently and entered the numbers into the spreadsheet exactly how they were printed on the invoices. when the supervisor reviewed the work, she told trini it was all incorrect. the order numbers had to have a department code attached, the order amounts had to have backorder amounts subtracted, and the purchase prices should not include sales tax. this supervisor lacks

Answers

Based on the information given, it can be deduced that the supervisor lacks an appropriate communication pattern, therefore, he lacks communication competence.

Communication competence simply means the degree to which the goals of a communicator are achieved through appropriate and effective interaction.

From the information given, it can be seen that the supervisor lacks an appropriate communication pattern, therefore, he lacks communication competence. His information isn't effectively passed to the subordinates.

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yield management is a method used to match demand and supply capacity constrained services true false

Answers

Answer:

variable pricing strategy

Yield management is a variable pricing strategy, based on understanding, anticipating and influencing consumer behavior in order to maximize revenue or profits from a fixed, time-limited resource (such as airline seats or hotel room reservations or advertising inventory).

Explanation:

To settle issues between the remaining partners in the event of the death of a partner, the partnership should have a _____ agreement in place.

Answers

The agreement that will help to settle issues between the remaining partners in the event of the death of a partner, the partnership should have a buy-sell agreement in place.

We need to first know what a buy-sell agreement is.

What is a buy-sell agreement?

The buy-sell agreement is a document that stipulates what a partner wants to be done to his share of the business in the event of death.

This agreement is important because it will help to prevent disagreement in the eventuality of death.

Therefore, the correct agreement that the partnership should have is a buy-sell agreement.

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4. Which is a true statement about goals?
A person should work on only one goal at
a.
a time.
C.
b. Intermediate-term goals are those that can
be accomplished in 1 to 5 years.
A person should accomplish short-term
goals before starting on any other goals.
d. A short-term goal should be tied to a
long-term goal.

Answers

Answer:

D

Explanation:

So you can see progress on your goals why you are doing them. Such as saving 100 dollars a month to get a 1,200 dollar computer at the end of the year.

business founders hold equity. true or false

Answers

Answer: true

Explanation:

Tim purchased a DVD player and speaker system for his home. The total cost of his purchase was $587. 33. Using the stores credit plan, he made a $147. 00 down payment. What amount did he finance?.

Answers

The amount Tim financed with the store's credit plan is $440.33.

Data and Calculations:

Cost of DVD player and system system = $587.33

Down payment = $147.00

Amount financed with store's credit plan = $440.33 ($587.33 - $147.00)

The store's credit plan enabled Tim to purchase the items without making full payment immediately.

Thus, after making the down payment of $147, Tim financed the balance of $440.33 with the store's credit plan.

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According to recent research, 91 percent of businesses with 11 or more employees and 50 percent of those with 10 or fewer employees said they had a CRM system already in place, which represents impressive growth in usage over previous years.

Answers

The answer here is true.

Perry Mazza wants to borrow $30,000 from the bank. The interest rate is 6% and the term is for 5 years.

What is the yearly payment amount?
A.$360
B.$6,360
C.$1,800
D.$18,000

Answers

The answer for this problem is c

When a firm decides to combine multiple modes of transportation to complete a single long-distance movement of freight,

Answers

The term that explains when a firm utilize the combination of multiple modes of transportation so they can have a movement of freight is Multimodal Transport.

Multimodal Transport can be regarded as the combination of different means of transport. This is done by a firm so they can facilitate the movement of cargo.

This is done when a long distance movement of freight is required.

Therefore, the correct term is Multimodal Transport

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When calculating a loan effective interest rate, if the nominal rate is 8. 5%, what value of i do you plug into your equation? a. 8. 5 b. 0. 85 c. 0. 085 d. 1. 85 Please select the best answer from the choices provided A B C D.

Answers

The value I would plug into the equation is 0.085.

The effective interest rate is the interest rate a borrower actually pay on a loan. It is determined by restating the nominal interest rate.

The formula used in determining the effective interest rate is: (1 + n [tex])^{m}[/tex] - 1

Where:

n = nominal interest rate

m = number of compounding

For example, if  nominal interest rate is 8.5% and the number of compounding is 2, the  effective interest rate is: (1.085)² - 1 = 17.72%

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Oligopoly is a market structure that is characterized by a ________ number of ________ firms that produce ________ products.

Answers

Answer: small, interdependent; identical or differentiated

Explanation:

This is from Economics 202.

ssume on December 1, 2017, a company borrows funds to purchase equipment. The company will make the following principal payments: 2018, $5,100 2019, $3,600 2020, $2,160 2021, $1,620 On December 31, 2019, the total long term liabilities will be $______

Answers

Based on the information given, the total value of the long-term liabilities will be $7380.

Long-term liabilities simply refer to the liabilities that are payable after twelve months. They are the liabilities that are due after one year of normal operation.

The long-term liabilities will be:

= $3600 + $2160 + $1620

= $7380

In conclusion, , the total value of the long-term liabilities will be $7380.

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Large stock dividends are recorded at _______ and small stock dividends are recorded at ______. Multiple choice question. market value; market value par value; par value cost; cost cost; par value par value; market value

Answers

Firms always distribute dividend to its shareholders. Large stock dividends are recorded at par value and small stock dividends are recorded at market value

Large stock dividends are simply referred to as new shares issued that are more than 25% of the value of the total shares outstanding before dividend.

The journal entry is known to transfers the par value of the said shares from retained earnings to paid-in capital.

The stock market often see and adjust for the changing value of each share as the company have an increased number of shares.

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which general staff member directs management of all

Answers

Answer:

manager

Explanation:

answer: manager explanation:

what is the coordinating mechanism in a market system?

Answers

Answer:

The price mechanism is the central coordinating mechanism in a market economy. Prices tell people what to use their resources.

Explanation:

In the context of collaborative planning, forecasting, and replenishment (CPFR), handling unforeseen problems is called _____ management.

Answers

It should be noted that collaborative planning, forecasting, and replenishment, handling unforeseen problems are known as exception management.

Management by exception simply means a style of business management which focuses on the identification and handling of cases that deviate from the norm.

Management by exception dictates that unusual nature should be reported to senior managers. Therefore, collaborative planning, forecasting, and replenishment, depicts exception management.

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Ownership structure can vary from one company to another, but the most basic form of corporation offers ______. Multiple choice question. treasury stock preferred stock common stock net income

Answers

Although the ownership structure can vary from one company to another, the most basic form of corporation offers is known as common stock

As a result of this, we can see that an ownership structure has to do with how a company chooses to operate and the most common form which is usually used is the common stock.

This is very common because the owner of the common stock has a lot of different benefits and it is easier to buy and sell.

Therefore, the correct answer is common stock

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________ is a statistically based philosophy that aims to reduce defects, boost productivity, eliminate waste, and cut costs throughout a company.

Answers

Six Sigma is a statistically based philosophy.

Betweenness gives power because the more of it you have: _________.
A. the more it increases your visibility.
B. the more you control the distribution of information and other resources to people on either side of you.
C. the shorter your paths to many people in the network.
D. the fewer demands people make on you.
E. the more people are connected to you.

Answers

Answer:

E

Explanation:

If u can connect to people in a business, then you will gather more information and leadership skills to keep those people under your wings

Juan purchased a property for $420,000 and financed $336,000 of it. The assessed value of the property is $387,000. The property appraisal came in at $432,000. Which of these amounts is used in calculating the property tax?

Answers

When it comes to calculating property tax, the most relevant amount is the assessed value of $387,000.

When calculating property tax, the useful figures are:

The assessed value of the house The Property tax rate

This assessment is arrived at in various ways but once it is arrived at, it is then multiplied by a figure known as the mill levy and the result will be the property tax.

In conclusion, the assessed value is most useful.

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You have taken over as the new manager of a department. The employees are interested in doing their work well and have potential. However, because they have not worked together, they do not have the competence to achieve the given tasks. From this information, we can say that the group is in the _____ stage of team development

Answers

Based on the scenario, the group is definitely still in the Oriented stage of team development.

Orientation stage of team development is also called the Forming Stage because idea or policy are just getting introduced to the new or current employees.

The Orientation stage also entails the introduction of the current employees to new technologies, procedures and policies.

Therefore, the group described in the question is still in the orientation stage of team development.

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The bureaucratic structure that arranges employees by multiple factors such as region, products, or clients is known as the ______ structure.

Answers

Bureaucratic structure is a structure that has  a lot of formalized set of role expectations. The bureaucratic structure that arranges employees by multiple factors such as region, products, or clients is known as the multi-divisional structure.

Bureaucratic structure along with its different roles shows who is expected to do what, how, and when.

This structure is said to be a normative in nature that is often disconnected from decision behavior or process.

The structure often shows the different facets of a mechanistic organization when looking at work specialization, formalization, and centralization.

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are some of the factors that influence employee benefits strategies cyclical

Answers

Answer:

hoobaa hooba hooba

Explanation:

hooo

a charter application usually must be signed by the prospective stockholders called incorporaters or . then, it is filed with the appropriate state official.

Answers

A charter application must be signed by the prospective stockholders that are referred to as incorporaters or promoters.

Charter simply means a legal document that is used for turning q business into a legal entity. It should be noted that a charter is written with the purpose of creating a corporation.

A charter application usually must be signed by the prospective stockholders called incorporaters or promoters then, it is filed with the appropriate state official.

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entperise opportunities ​

Answers

Explanation:

A business opportunity (or bizopp) involves sale or lease of any product, service, equipment, etc. ... The licensor or seller of a business opportunity usually declares that it will secure or assist the buyer in finding a suitable location or provide the product to the purchaser-licensee.

hope this helps you.

KRJ Enterprises reported this year sales of $404 million, earnings before income taxes of $102.4 million, and tax expense of $18.2 million. If sales are projected to increase by 3.8% next year, what would be the projected tax expense for next year

Answers

The KRJ Enterprises' projected tax expense for the next year is $18.87 million.

Data and Calculations:

Reported year's sales = $404 million

Earnings before income taxes =$102.4 million (25% of sales)

Tax expense =$18.2 million

The tax expense = 4.5% of Sales ($18.2.$404 x 100)

Projected sales for next year = $419.35 million ($404 x 1.038)

Projected tax expense = $18.87 million ($419.35 x 4.5%)

Thus, the projected tax expense for the next year is $18.87 million.

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The advantages of using in-house marketing and advertising staff include all of the following except: Question 27 options: A) greater control. B) global accounts. C) lower cost. D) brand knowledge. E) superior product.

Answers

All of the mentioned factors are advantages of having an in-house marketing staff except E. Superior product

Using an in-house marketing department instead of an external agency means that the company will not benefit from the experience of the agency which they gained from:

Specializing in marketing Attracting top talents

In the end therefore, the marketing product produced by the in-house department will be inferior to that, that would have been produced by the agency.

In conclusion, the in-house department will not produce a superior product.

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what are the benefits associated with free trade and globalization?

Answers

Answer:

It drives economic growth, enhanced efficiency, increased innovation, and the greater fairness that accompanies a rules-based system.

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