Can someone help answer ALL FIVE of these questions for me please? 1-4 is true and false question. #5 is fill in.

1.You are considering two investment contracts that each cost $1,000. You will chose the one that has the highest future value. The rates of return offered by each contract are the following. Both contracts are issued by a company with a AAA credit rating. Contract B is the better choice.

Contract A: Annual rates of return		Starting balance for contract A and B		Contract B: Annual rates of return
0.05%		$1,000		1%
0.05%				1%
0.05%				1%
0.05%				1%
0.05%				1%
0.05%				1%
0.05%				1%
2%				1%
2%				1%
2%				1%

If you stop paying the premiums on a term life insurance policy, the insurance company will pay you the value of all premiums paid plus interest. TRUE OR FALSE?

2. I have a $300,000 mortgage. I am paying for two college tuitions. My salary is the only source of family income. It would not make sense for me to buy life insurance because this will only increase my expenses. TRUE OR FALSE?... I PUT FALSE

3. An insurance premium is a fee paid to an insurance company in exchange for risk protection. TRUE OR FALSE... I PUT TRUE

4. If you stop paying the premiums on a term life insurance policy, the insurance company will pay you the value of all premiums paid plus interest. TRUE OR FALSE... I PUT FASLE

5.You earn $5,000 a month. After taxes, social security contributions, and living expenses you have $200 per month that you can and will save. What is the future value of $200 saved every month for 30 years if the annual rate is of return is 6%. We are looking for the value of your savings 30 years from the time you stated saving.

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