24. What is cash Vatue life inturance? b. Permo life insurance that has a lareo death beneth d. The Tance that you pay for, with cash 25. Some of the advantages of term life insurance include: a. Simple to understand b. Insurance applicant can decide how long he or she wants life insurance con c. Low cost, especially for younger applicants d. All of the above Section II (10 questions worth 3 points each) Please circle your answer clearly 1. Target Date Funds are popular retirement plan investment options bec a. They are designed to automatically rebalance your investments or working life, reducing market risk as you approach retirement age b. They are index funds that are generally less expensive than other c. They are easier to understand than simple growth or income fur d. They are heavily marketed to retail investors 2. A vesting schedule would apply to which source of contributions 403 b retirement savings plan? a. Vesting only applies to the employee's contributions b. Vesting only applies to the company matching contributio c. Vesting applies to both the employee's payroll contributic funds d. Vesting schedules are no longer used in employer spons