94-) What is the present value (PV) of $1000 to be received 15 years from today, assuming an interest rate of 6% per year

Select one:

a. $411.

b. $388.

c. $417.

d. $404.

2-)

2-)What is the primary problem with dying intestate?

Select one:

a. It only matters if there is no surviving spouse.

b. Your estate will flow to the government.

c. Medical personnel will be responsible for decisions about your care when they do not know you.

d. An administrator will be appointed to distribute the estate according to law.

4-)What type of insurance is provided over a specified time period and does not build cash value?

Select one:

a. Universal life

b. Whole life

c. Term

d. Variable life