Question and answer
1. Which of the following best describes term life insurance? A. The insured is covered during his or her entire lifetime. B. The insured pays the premium until his or her death. C. The insured pays a premium for a specified number of years. D. The insured can borrow or collect the cash value of the policy.
s
The insured pays a premium for a specified number of years. This best describes term life insurance.
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Asked 4/5/2019 1:41:16 PM
Updated 4/5/2019 5:36:41 PM
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This answer has been confirmed as correct and helpful.
Confirmed by jerry06 [4/5/2019 5:36:30 PM], Edited by jerry06 [4/5/2019 5:36:41 PM]
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9. Calculate the loss on selling 50 shares of stock originally bought at 133/4 and sold at 12.
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Not Answered
Updated 79 days ago|8/8/2020 4:52:07 AM
1 Answer/Comment
13 3/4 - 12 = 1 3/4 = 7/4
shares = 50
Loss = 7/4 * 50 = 350/4 = $87.50
Added 79 days ago|8/8/2020 4:52:07 AM
This answer has been confirmed as correct and helpful.
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