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The amount of interest is determined by multiplying the amount in savings by the: A. annual interest rate. B. annual interest rate and the time period. C. time period. D. time period and number of months.
Weegy: The amount of interest is determined by multiplying the amount in savings by the annual interest rate. (More)
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Expert Answered
Updated 3/28/2016 8:51:02 AM
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Which of the following is a deposit institution? A. A life insurance company B. An investment company C. A credit union D. A mortgage company
Weegy: A. A life insurance company (More)
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Expert Answered
Updated 1/14/2014 6:14:23 PM
1 Answer/Comment
C. A credit union - is a deposit institution.
Added 1/14/2014 6:14:23 PM
This answer has been added to the Weegy Knowledgebase
Which of the following would increase the amount that a person could afford to spend on a home? A. Increased family income B. Increased interest rates C. Decreased down payment D. High monthly living expenses
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Updated 4/29/2014 1:25:24 AM
1 Answer/Comment
Increased family income : would increase the amount that a person could afford to spend on a home.
Added 4/29/2014 1:25:24 AM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by jeifunk [4/29/2014 1:29:06 AM]
An umbrella policy is designed to cover: A. expensive personal property. B. additional buildings on your property. C. property when traveling away from home. D. major personal liability suits.
Weegy: An umbrella policy is designed to cover: major personal liability suits. (More)
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Expert Answered
Updated 95 days ago|1/18/2017 10:52:50 PM
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If you wish to pay exactly the same life insurance premium each year, you would choose a: A. nonparticipating policy. B. participating policy. C. term insurance policy. D. variable life policy.
Weegy: C. term insurance policy. (More)
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Expert Answered
Updated 10/27/2012 10:47:01 AM
1 Answer/Comment
Term life insurance or term assurance is life insurance which provides coverage at a fixed rate of payments for a limited period of time, the relevant term. After that period expires, coverage at the previous rate of premiums is no longer guaranteed and the client must either forgo coverage or potentially obtain further coverage with different payments or conditions. If the insured dies during the term, the death benefit will be paid to the beneficiary. Term insurance is the least expensive way to purchase a substantial death benefit on a coverage amount per premium dollar basis over a specific period of time.

Added 10/27/2012 10:47:01 AM
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