FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The kind of policy in which the investment portion can be used to pay the minimum premium required to maintain the insurance portion of the

image text in transcribed

The kind of policy in which the investment portion can be used to pay the minimum premium required to maintain the insurance portion of the contract is most accurately called 1) a universal life policy 2) a whole life insurance policy 3) a non-term policy O4) an endowment life policy

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Technical Analysis Of The Financial Markets

Technical Analysis Of The Financial Markets

Authors: John J. Murphy

1st Edition

0735200661, 978-0735200661

More Books

Students also viewed these Finance questions

Question

★★★★★
Consider again the Netscape PEPS discussed in this chapter and assume the following: the price of Netscape is $39.25, Netscape is not expected to pay dividends, the interest rate is 7%, and the...

Answered: 1 week ago

Question

★★★★★
5-25. What is a sustainable growth rate? How is it useful to a forensic accountant?

Answered: 1 week ago

Question

★★★★★
If the job involves a client load or caseload, what is it?

Answered: 1 week ago

Question

★★★★★
You are planning to invest $2,500 today for three years at a nominal interest rate of 9 percent with annual compounding. a. What would be the future value (FV) of your investment? b. Now assume that...

Answered: 1 week ago

Question

★★★★★
Marlene Chapman opened Marlene's Magnificent Cleaning Service on July 1, 2022. During July, the company completed the following transactions. July 1 Shareholders invested $15,000 cash in the business...

Answered: 1 week ago

Question

★★★★★
El asiento de diario para enviar materiales indirectos a produccin debe incluir un dbito a: A) Cuenta de inventario de productos terminados. B) Cuenta de Inventario de Materias Primas. C) Cuenta de...

Answered: 1 week ago

Question

★★★★★
In 2021, Santa Fe Corporation had profits of $500,000 on sales of $10,000,000. At the beginning of 2021 Santa Fe's book equity was $2,500,000, and at the end of 2021 Santa Fe's total assets were...

Answered: 1 week ago

Question

★★★★★
What validations has Cvent put in place to ensure venues are receiving qualified leads? Cvent compares venues' sleeping room information to the planner's RFP sleeping room requirements before the RFP...

Answered: 1 week ago

Question

★★★★★
Changes to Australia's superannuation legislation now enable eligible employees to choose the superannuation fund they wish their super contributions to be paid into. Employers are legally obliged to...

Answered: 1 week ago

Question

★★★★★
= {x|ln 3.2 x 20} and two events A Problem 1. (6 points) Given a sample space S x 6} and B {x|3 x 7}, describe the following events. a) AUB. b) A - B. c) AU (BNS). = {x|2

Answered: 1 week ago

Question

★★★★★
Case Study You are a business analyst who has just joined the commission system replacement project at PrivateWealth. The project has been running for six months, and half of the planned analysis...

Answered: 1 week ago

Question

★★★★★
What were some of the team norms at Casper?

Answered: 1 week ago

Question

★★★★★
What were some of the team roles at Casper?

Answered: 1 week ago

Question

★★★★★
Use the decision-making model to explain how Casper came up with their unique mattress design

Answered: 1 week ago

Previous Question Next Question