![sakria2002](/avatars/6819.jpg)
sakria2002
24.03.2021 •
Business
David purchased a $100,000 participating whole life policy. The annual premium is $2,280. Projected dividends for the first 20 years are $15,624. The cash value after 20 years will be $35,260. If the premiums were invested at 5 percent interest for 20 years, the premiums would grow to $79,156. If the dividends were accumulated at 5 percent interest for 20 years, they would grow to be $24,400. The amount to which $1 deposited annually will accumulate in 20 years at 5 percent interest is $34.719. Based on this information, what is the traditional net cost per thousand per year of David's policy over the 20-year period?
Solved
Show answers
More tips
- C Cities and Countries What time does the Metro open in Moscow?...
- T Travel and tourism How to Use a Compass: A Beginner s Guide...
- C Computers and Internet Porn Banner: What It Is and How to Get Rid Of It?...
- F Food and Cooking How many stages of coffee roasting are there?...
- F Food and Cooking From Latte to Espresso: Which Coffee Drink is the Most Popular on Earth?...
- F Food and Cooking Experts Name Top 5 Healthiest Teas...
- C Computers and Internet Google Search Tips and Tricks: Everything You Need to Know...
- H Health and Medicine Discover the Hidden Principles and Real Results of the Japanese Diet...
- H Health and Medicine Liver Cleansing - Rejuvenation for the Body?...
- S Style and Beauty Is Photoepilation the Solution to Unwanted Hair Forever?...
Answers on questions: Business
- B Business Some companies have been criticized for gendering products such as tools and toys in an attempt to appeal to girls and women. The phrase “pink it and shrink it” is...
- B Business The belmont report s principle of respect for persons incorporates at least two ethical convictions: first, that individuals should be treated as autonomous agents,...
- B Business You won a free ticket to see a bruce springsteen concert (assume the ticket has no resale value). u2 has a concert the same night, and this represents your next-best...
- B Business If consumers expect prices to increase in the future, they would their demand for an item now....
- B Business Incoterms refer to select one: a. standardized procedures for handling international shipments b. standardized international trade terminology c. a specific method...
- B Business Gains in strength/power are better accomplished by multiple sets with repetitions per set. a. 1-3 b. 4-6 c. 8-12 d. 14-16...
- M Mathematics A store sells poster board. The table shows the colors and sizes in-stock. Which of the following metric approximations is the same as the measures of the green poster...
- P Physics PLEASE HELP! IM GIVING ALL MY POINTS!Match the situation with the energy transformation...
- P Physics On Earth, you can lift a 10 kg object. What is the mass of that object on the moon? Is mass independent from gravity?...
- M Mathematics im making a new account my username is funerai with a capital i and password 5926000532 go crazy with my points...
Ответ: