![gabriellaramir7786](/avatars/47209.jpg)
gabriellaramir7786
19.12.2019 •
Social Studies
De shawn is 38 years old and is married with 3 children, ages 2, 4, and 6. he makes $45,000 a year and is planning to retire when he turns 60. from the following three options, de shawn decides to buy the $900,000 20 year term policy. given de shawn’s scenario, assess whether de shawn made a wise decision.
a. de shawn would be safer buying whole life policy.
b. de shawn would have more money in the long run if he invested in the 20-year endowment.
c. de shawn’s current policy will cover his family for an adequate period of time at his current salary.
d. de shawn’s current policy has too high of a face value and does not cover his family long enough.
Solved
Show answers
More tips
- S Style and Beauty How to braid friendship bracelets?...
- S Style and Beauty Learn how to tie a keffiyeh on your head like a pro...
- F Food and Cooking Delight for Gourmets: How to Prepare Liver Pate...
- C Computers and Internet How to Learn to Type Fast?...
- H Health and Medicine Angina: Causes, Symptoms, and Treatment...
- D Dating, Love, Relationships How to Overcome Jealousy: Tips and Tricks...
- H Health and Medicine 10 Ways to Cleanse Your Colon and Improve Your Health...
- W Work and Career How to Start Your Own Business: Tips and Recommendations...
- F Food and Cooking How to Make Delicious Cabbage Pies: The Best Recipes!...
- F Food and Cooking Discover Delicious Recipes You Can Make with Ground Meat...
Answers on questions: Social Studies
- S Social Studies What kind of government allows the people to represent themselves in political affairs? A. Representative Democracy B. A Monarchy C. Direct Democracy D. An Authoritarian Democracy...
- S Social Studies An example of representative democracy in action is A. Voters directly vote for presidential candidates for office in the lowa caucuses. B. Voters elect members of of the US...
- S Social Studies Lol I got reported again I. don t. care, LoveYourselfFirst, europa2433, Grayson03...
- S Social Studies Why did presidential candidates start to develop nicknames as political parties became more popular?...
- S Social Studies Dang I ve met this incredible guy and he can t talk to me rn why does God have to work in such cruel ways...
- E English What was keeping Odyssey and his men from leaving Thrinacia...
- H Health PLEASE HELP ME ILL MARK BRAINLIEST Compare how your body works during exercise to a motor....
- M Mathematics Trying to find a weeb. Answer this correctly and I will give you brainiest Sawarasenai kimi wa shoujo na no- Finish it...
- M Mathematics 9. HON bisects PQR and N is the midpoint of PR classify each triangle by its angles and sides. a. APOR: 28 30 TO 14 b. APRT: S 76 c. ATOS: 7 60R P 5 76 d. AQNP: (Number 9 in...
- M Mathematics 9) Martin was jogging to school at a speed of 10 mph. Unfortunately, when he was halfway there, he sprained his ankle and his mom had to give him a ride the rest of the way...
Ответ:
C. De Shawn’s current policy will cover his family for an adequate period of time at his current salary.
Explanation:
De Shawn is 38 year old at the moment with three kids all young. On the other hand, the face value is good and covers the family for an adequate period of time. Given his current salary and retirement age that he is planning to retire on, it looks appropriate for De Shawn to take up this policy. The other provided options like option A suggesting buying whole life policy or option B suggesting De Shawn has money for 20-year endowment investment can be considered due to the $45,000 a year salary limitation and the current policy does cover his family for a good time as well.
Ответ: