Fred Rogers bought a $50,000 whole life insurance policy at age 20. What is his annual premium if the rate is $18.75 per $1,000 of insurance coverage?

Answers

Answer 1

Answer:

Amount of annual premium = $937.5

Explanation:

Given:

Total amount of insurance coverage = $50,000

Rate of premium = $18.75 per $1,000 Insurance coverage

Find:

Amount of annual premium

Computation:

Amount of annual premium = Total amount of insurance coverage [18.75/1,000]

Amount of annual premium = 50,000[18.75/1,000]

Amount of annual premium = 50[18.75]

Amount of annual premium = $937.5


Related Questions

A client of yours has heard about private equity investing from some wealthy friends and asks you, the registered representative about it. This customer is age 51 and earns $160,000 per year. He is willing to assume a moderate level of risk in pursuit of higher returns. This customer has a liquid net worth of $450,000 and has a diversified equity and bond portfolio. You should tell the customer that the best way to make a private equity investment is to invest in a(n):
A. Hedge Fund
B. VC Fund
C. REIT
D. BDC

Answers

Answer: BDC

Explanation:

The customer will be informed that the best way to make a private equity investment is to invest in a BDC.

A business development company (BDC) refers to a closed-end fund whereby investments are made in firms that are developing.

Business development companies are publicly traded and gives the investors high dividend yields. BDCs are considered to be good investment due to the fact that they yield high equities.

What is the purpose of credit legislation and what is its impact on individuals, companies, and financial institutions?

Answers

Answer:

here ;)

Explanation:

Its purpose is to protect consumers obtaining credit to finance their transactions, ensure that adequate credit is provided, and govern the credit industry in general. In 1968, Congress passed the Consumer Credit Protection Act in part to regulate the consumer credit industry.

What was the interest rate if your balance on an investment of $357 at the end of six years is $1,128.36?

Answers

Answer: 36%

Explanation:

The formula for simple interest is:

= (Principal × Rate × Time) / 100

Here, the principal = $357

Time = 6 years

Interest = $1,128.36 - $357 = $771.36

To calculate the rate goes thus:

Interest = PRT / 100

771.36 = (357 × R × 6) / 100

771.36 = 2142R / 100

Cross multiply

771.36 × 100 = 2142R

77136 = 2142R

R = 77136 / 2142

R = 36.01

Rate = 36%

Therefore, the interest rate is 36%

Rosalita's and Antonio's are Mexican restaurant chains. Each restaurant offers similar items on their menus. However, Antonio's restaurants are positioned in the market as elegant establishments with high prices. Rosalita's, on the other hand, are located in middle-class neighborhoods, with a casual atmosphere that welcomes families with young children. The prices at Rosalita's are in the moderate range. When evaluating the marketing strategies used by these restaurants, we can conclude that

Answers

Answer:

We can conclude that they implement the product and service differentiation strategy.

Explanation:

The product and service differentiation strategy is a marketing strategy that consists of increasing consumer perception and satisfaction through products and services that are different from the competition, whether through design, added benefits, etc. Differentiation helps a company to become more competitive in a homogeneous market and increases brand value and consumer loyalty.

Mandy wants to buy a variety of beverages for her birthday party. She wants to make sure she has enough to drink for all her friends, so she decides to buy 10 liters of beverages. If she buys at least one container of each beverage, what combination of beverages can she buy to equal exactly 10 liters?

Answers

Correct Question:

Beverages at the Store

2,000 milliliters of soda, 2.5 liters of apple juice, 1,500 milliliters of fruit punch, 2 liters of lemonade

Mandy wants to buy a variety of beverages for her birthday party. She wants to make sure she has enough to drink for all her friends, so she decides to buy 10 liters of beverages. If she buys at least one container of each beverage, what combination of beverages can she buy to equal exactly 10 liters?

Explanation:

As we know 1000 millilitres = 1 litre

Now writing them in common units.

soda= 2 litres

apple juice = 2.5 litres

fruit punch = 1.5 litres

lemonade = 2 litres

If she takes one of each it will become

= 2+2.5+1.5+2=8

Remaining are 10-2= 2 liters

Now she can have one more soda or lemondade to make a total of 10

which will be

4 (soda) +2.5+1.5+2=10

2+2.5+1.5+4 (lemonade) = 10

Answer:

zubairpu427 is right

I got my question right thanks to him

Which of the following is a job from the past which no longer exists?
Media buyer
O Typist
Mail deliverer
Lamplighter

Answers

Answer:

Lamp lighter

Explanation:

Very few exist today as most street lighting has long been replaced by electric lamps.

does adrian loves marrinatte

Answers

YES HE DOES!

You can tell by the way he looks at her

Answer:

yes

Explanation:

Bill Tallyrand, as county assessor, entered into a fraudulent
scheme at the urging of his son Tom, the county collector.
Together they bilked the citizens of Lawrence County out of
millions of dollars. After the scheme was discovered, Bill
refused to testify against his son by claiming the Fifth
Amendment's prohibition against self-incrimination. The
county prosecutor then granted Bill immunity, but he still
refused to testify. What punishment can the court inflict
upon Bill to compel his testimony?

Answers

A witness who refuses to testify after being given immunity can be held in contempt of court and subjected to fines and jail time.

Legal immunity, also known as immunity from prosecution, is a legal position in which an individual or institution is not held accountable for a violation of the law in order to further social goals that outweigh the value of imposing culpability in such instances.

What does Immunity mean for a witness?

If a witness refuses to testify after being granted immunity, he or she may be placed in contempt of court and face fines and jail time. Even after being granted use and derivative use immunity, the witness is not always out of the woods: the prosecution can continue to pursue the witness.

However, after the prosecution has given immunity, the prosecution is restricted in how it can use that testimony in the future. If the prosecution pursues an indictment against an immunized witness, the prosecutor and law enforcement must demonstrate that the case is wholly based on evidence that is independent of the witness's immunized testimony.

For more information about Immunity refer to the link:

https://brainly.com/question/1142703

why is it important for a nail care provider to learn and understand the structure and function of the nails?

Elaborate your answer.(5)​

Answers

Answer:

Learning to know and recognize the Anatomy of the Nail is very important, whether for those who work in the Nails sector and every day must take care (even if only Aesthetically) of the Nails of their Customers, and for those who are simply passionate to the topic or prefer to independently take care of their Hands and Feet!

Explanation:


Which of the following is not a problem of bartering as a medium of exchange?


a.The need for a double
coincidence of wants

b.The need for divisibility

c.The need for portability

d.The need for trade and exchange

Answers

Answer:

The answer is A

My bad lol

are good places to look to find your current expenses when building your budget.

A) Online research websites

B )Banks and credit unions

C)Bank and credit statements

D)Grocery stores and concerts

Answers

Answer:

C)Bank and credit statements

Explanation:

The good places to look to find your current expenses when building your budget is "Bank and Credit Statements"

This is because the credit statement is a document showing a list of transactions or money spent on goods or expenses made. This credit statement can be gotten from a bank of the person whose credit statement is under analysis or credit union.

Hence, in this case, the correct answer is Bank and credit statement.

Match each Investment or savings option with the income source(s) It provides to investors.

Tiles

capital gains only

Interest income only

capital gains and dividends

capital gains and interest Income

Hola

Pairs

trading in bonds

buying and selling properties

trading in company stocks

opening a CD account

Answers

Answer:

Investment/savings                         Income sources

Trading in Bonds :                            Capital gains and interest income

Buying and selling properties :       Capital gains only

Trading in company stocks :           Capital gains and Dividends

Opening a CD account :                  Interest Income only

Explanation:

Investment/savings                         Income sources

Trading in Bonds :                            Capital gains and interest income

Buying and selling properties :       Capital gains only

Trading in company stocks :           Capital gains and Dividends

Opening a CD account :                  Interest Income only

Capital gains is a source of income made from the sale of assets such as Bonds or other forms of security such as stocks and real estate , while Interest income is a type of income earned while trading in Bonds and opening and maintaining  a CD account .

When is a lower annual interest rate better than a low annual fee?

Answers

Explanation:

Lower annual interest in real terms is a relief to customers because it can go across a monthly payment like in a product purchase with a credit card. A low annual fee is just one payment that can be a certain membership of which happens only on an annual basis.

As of March 2016, American households held a total of $12.25 trillion in
debt. Which of the following is the biggest source of debt?

Answers

The answer is Housing debt

If there is an inequality in the balance of payments between two countries, A and B, which of these statements would be accurate?
A.
A’s exports to B equals A’s imports from B.
B.
A’s imports from B exceed A’s exports to B.
C.
A is acquiring assets in B, or B is acquiring assets in A.
D.
A’s exports to B exceed A’s imports from B.

Answers

Answer:

it is c tell me if im right

Explanation:

What are gestures, signs, or words used to communicate known as?

A.
symbols

B.
signals

C.
indicators

D.
signs

E.
motions

Answers

Answer:

a symbols

Explanation:

Communication is preeminently symbolic. There are two major categories of signals people send: signs and symbols. Signs are the foundation of all communication. A sign designates something other than itself, and meaning is the link between an object or idea and a sign

It is definitely A symbols.

WHERE THE PRODUCTION WOULD HAPPEN? (IN THE PICTURE)

Answers

Answer:

on the work ground

Explanation:

They have a large enough flat piece of land that they could plant on

Answer:

cocola company

Explanation:

because it is the right place for production to take place

Keep an emergency kit and fresh water in your car in the event of______

Answers

Answer:

A breakdown or emergency or an unexpected event

Explanation:

The emergency kit should always be kept in the car along with it the fresh water should also be there as if there is any emergency or breakdown occurs or the event i.e. not expected arise so these things would be used so that the problem you are suffering would be solved as soon as possible. Also if you are feeling thirsty so here you need is the water

So according to the given statement, A breakdown or emergency or an unexpected event is an answer

Question 7 (1 point)
What is the impact of the Online Funds Transfer - From Savings that appears on John's statement?
ООО
0 0
John's Savings account balance increased by $50 and his Checking account balance had no change
John's Savings account balance had no change and his Checking account balance declined by $50
John's Savings account balance declined by $50 and his Checking account balance increased by $50
John's Savings account balance increased by $50 and his Checking account balance declined by $50

Answers

Answer: John's Savings account balance declined by $50 and his Checking account balance increased by $50

Explanation:

The checking account statement shows that there was an online funds transfer from Savings into the checking account.

The checking account will therefore increase by $50 because money was transferred into it and therefore added to its balance. The savings account on the other hand, will reduce by the same amount because it transferred the money into another account.

What three factors that had a negative impact on the financial performances of unibic in its early years?

Answers

Answer:

Price of unibic, preference for other glucose biscuits, and inadequate marketing and branding campaigns had a negative impact on the financial performances of unibic in its early years

Explanation:

The three factors that negatively impacted the financial performances of unibic in its early years were as follows

a) The price of Unibic cookies was higher as compare to its other competitors.

b) During those days, glucose biscuits were preferred as compared to bakery cookies of Unibic

c) Packaging, branding and marketing  not as per the public requirement

Which of the following types of exposure threaten patient information? Check all that apply.

transmission

disclosure

interception

interference

Answers

Answer:

.-.

Explanation:

Answer:

It's B: disclosure, C: interception, D: interference

Explanation:

On EDG2020

Summarize three reasons why it is important to use critical thinking.

Answers

Answer:

Improve communication strategies

Support smooth operations

Streamline product development

Explanation:

Improve communication strategies. Communicating with different types of people requires defining the needs of the target audience, which demands critical thinking. For example, if a company is being bought out by a competitor, the CEO must consider how this will impact everyone, from low-level employees to investors, and determine what messages to convey to each party. Acting quickly is essential, as he or she should be the first to give the employees the news to maintain their trust.

Support smooth operations. Maintaining daily operations in an ever-changing environment requires constant critical thinking. For example, if the power goes out at a restaurant and there is no emergency generator, the manager must decide not only what to do with the customers and staff but also whether and how to salvage refrigerated food. The quicker the manager acts, the more likely he or she is to make the best of an unfortunate situation.

Streamline product development. A product development role requires multiple decisions to ensure efficacy, marketability and safety. For instance, if a company is marketing a new kitchen gadget, designing it a certain way would make it look more appealing, but that design could also make it more difficult to use. Should the company prioritize function or fashion? The sooner it reaches a decision, the sooner production can begin.

A finance company has a total of $20 million earmarked for homeowner and auto loans. On the average, homeowner loans have a 10% annual rate of return, whereas auto loans yield a 12% annual rate of return. Management has also stipulated that the total amount of homeowner loans should be greater than or equal to 4 times the total amount of automobile loans. Determine the total amount of loans of each type that Madison should extend to each category in order to maximize its returns. housing million dollars automobile million dollars

Answers

Answer:

Housing million dollars $1,655.2

Automobile million dollars $413.80

Explanation:

Calculation to determine the total amount of loans of each type

Calculation for HOMEOWNER LOANS

Homeowner loans=$20,000-[(10%*20,000)/(4*12%+10%)]*10%

Homeowner loans=[$20,000-($2,000/48%+10%)]*10%

Homeowner loans=[$20,000-($2,000/58%)]*10%

Homeowner loans=[$20,000-$3,448.3]*10%

Homeowner loans=$16,552*10%

Homeowner loans=$1,655.2

Calculation for AUTO LOANS

Auto Loans=[(10%*20,000)/(4*12%+10%)]*12%

Auto Loans=($2,000/(48%+10%)]*12%

Auto Loans=($2,000/58%)*12%

Auto Loans= $3,448.3*12%

Auto Loans=$413.80

Based on the above calculation Homeowner loans amount of $1,655.2 is 4 times Auto Loans amount of $413.80

Therefore the total amount of loans of each type that Madison should extend to each category in order to maximize its returns are:

Housing million dollars $1,655.2

Automobile million dollars $413.80

Identify What prevented the economy from slipping
back into a recession after slow growth ended the
long recession in November of 2001?
A. historically low interest rates
B. embargoes placed on oil by OPEC
C. an extended period of stagflation
D. an unprecedented surge in the economy

Answers

The correct answer is letter B

Culinary Solutions Inc. manufactures cooking and baking equipment and has its base in the country of Vandevar. It has approximately 300 stores across the country and is already active in three foreign countries. It attempts to establish itself in the country of Balalaika, and uses its low-cost strategy to do so. However, due to the additional costs associated with training, coordinating across geographic distances, and other costs associated with doing business in an unfamiliar cultural and economic environment, Culinary Solutions Inc. incurs huge financial losses in Balalaika. In this scenario, Culinary Solutions Inc.'s failure to establish itself successfully in Balalaika occurs most likely because

Answers

No lo sé pero ahora lo investigaré

pricing is the only element of the marketing mix which gives a)rupee b) cost c) price d) sales revenue​

Answers

A....sorry if I’m wrong

why is it so important to check the accreditation of a private higher leaning institution?Explain Three reasons​

Answers

Answer:

Explanation:

Accreditation helps determine if an institution meets or exceeds minimum quality standards. It also helps students determine acceptable institutions for enrollment. Accreditation assists institutions in determining acceptability of transfer credits.

The brenda one is the question thank youuu:)

Answers

Answer:

C. y = 11000(1.086)^7

Explanation:

Given the following data;

Principal = $11,000

Interest rate = 8.6% = 8.6/100 = 0.086

Time = 7 years

To derive a mathematical expression, we would use the compound interest formula;

[tex] A = P(1 + \frac{r}{100})^{t}[/tex]

Where;

A is the future value.

P is the principal or starting amount.

r is annual interest rate.

t is the number of years for the compound interest.

Substituting into the formula, we have;

[tex] A = 11000*(1 + \frac{8.6}{100})^{7 [/tex]

[tex] A = 11000*(1 + 0.086)^{7 [/tex]

[tex] A = 11000*(1.086)^{7 [/tex]

[tex] A = 11000*1.78 [/tex]

A = $19,580

Extras come from the net income minus
A. Taxes
B. Expenses
C. Savings
D. Budget

Answers

I think it’s B hope that helped

Answer:

Its B

Explanation:

I got it correct

An excerpt of an introduction of a cover letter about a Marketing position.
Which type of cover letter would the above excerpt come from?
a. Prospecting cover letter
b. Networking cover letter
c. Application cover letter
d. Follow up cover letter

Answers

An excerpt of an introduction of a cover letter about a Marketing position would come from the networking cover letter.

What is cover letter?

Cover letter are letter of intent and it use to describe an individual experience that is related to the Job description on an advert.

The individual include level of experience and exposure as well as other certification that will him or her qualify for the Job.

An excerpt of an introduction of a cover letter about a Marketing position would come from the networking cover letter.

Learn more on cover letter here,

https://brainly.com/question/12408389

#SPJ2

Answer: The answer is b

Explanation:

took the test :)

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