Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 28, 2024

Question 36 (0.5 points) A $300,000 life insurance policy has a cost of $0.25 per $100. What is the premium?

Question 36 (0.5 points)

A $300,000 life insurance policy has a cost of $0.25 per $100. What is the premium?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Comes Alive The Color Accounting Parable

Authors: Mark Robilliard ,Peter Frampton, Chang Chang, Mark Morrow, John Gorman

1st Edition

1450769608, 978-1450769600

More Books

Students also viewed these Finance questions

Question

★★★★★

On July 1, 2008, Agincourt Inc. made two sales. 1. It sold land having a fair market value of $700,000 in exchange for a 4-year zero-interest-bearing promissory note in the face amount of $1,101,460....

Answered: 1 week ago

Question

★★★★★

Pincus Associates uses the allowance method to account for bad debts. 2024 was the first year of operations for Pincus, so it had a $0 opening balance in its allowance for uncollectible accounts....

Answered: 1 week ago

Question

★★★★★

1. Decide whether each of the following descriptions most closely corresponds to being part of a command system, a market system, or a laissez-faire system. LO2.1 a. A woman who wants to start a...

Answered: 1 week ago

Question

★★★★★

The gross earnings of the factory workers for Larkin Company during the month of January are $76,000. The employers payroll taxes for the factory payroll are $8,000. The fringe benefits to be paid by...

Answered: 1 week ago

Question

★★★★★

Which of the following promised payments has the highest present value if the interest rate is 4.6%. $24,000 in 10 years $21,000 in 7 years $22,000 in 8 years $23,000 in 9 years $20,000 in 6 years

Answered: 1 week ago

Question

★★★★★

As per about half (49%) of Americans surveyed by Pew Research in 2020, acquiring the option to cast a ballot in 1920 was the main headway of ladies' privileges in the U.S. in history.2

Answered: 1 week ago

Question

★★★★★

A sales budget for the first five months of 2021 is given on a certain product line manufactured by Boots Styles, Inc. January February March April May Sales budget in units 157,000 162,000 204,000...

Answered: 1 week ago

Question

★★★★★

1 Your employer is opening a new location, and the IT director has assigned you the task of calculating subnets for the new network. You've determined that you need 50 subnets for the class B network...

Answered: 1 week ago

Question

★★★★★

Five years ago, David borrowed $300,000 to purchase a house in Sandy Lake. At the time, the quoted rate on the mortgage was 8 percent, the amortization period was 25 years, the term was 5 years, and...

Answered: 1 week ago

Question

★★★★★

Great Nuggets finds that there is a clear gender difference in the demand for their chocolates. Men have very little price sensitivity and tend to buy whatever the sales clerk recommends. Women, on...

Answered: 1 week ago

Question

★★★★★

In problems 4 and 5, evaluate the integral using a table of integrals. Indicate which formula dx 1 4. .dx 5. x(x+16) you use.

Answered: 1 week ago

Question

★★★★★

(LO 4-3) Based on the data from datavizcatalogue.com, how does a box and whisker plot show if the data are symmetrical?

Answered: 1 week ago

Question

★★★★★

(LO 4-3) What would be the best chart to use to illustrate earnings per share for one company over the past 5 years?

Answered: 1 week ago

Question

★★★★★

(LO 4-3) Match the chart type to whether it is used primarily to communicate qualitative or quantitative results: Chart Type 1. Pie chart 2. Box and whisker plot 3. Word cloud 4. Symbol map 5....

Answered: 1 week ago

Previous Question Next Question