Type of life insurance

Assignment Help Finance Basics
Reference no: EM131055776

Kurt purchased a policy with an initial premium of $3,000 and may elect how much he desires to pay in premiums from now on. He has purchased a face value of $100,000 and can accumulate cash value. What type of life insurance has Kurt purchased?

a. universal life

b. whole life

c. modified whole life

d. term life

Reference no: EM131055776

Questions Cloud

Roles of faculty and staff overlap and the ways : your thoughts on how the roles of faculty and staff overlap and the ways that each group can support students. What can they learn from each other?
Discuss fault of federalism over the political history of us : Discuss the faults of federalism over the political history of the United States. Please include at least two examples. Assignment is a 200 word minimum essay response/APA format/cited & referenced, non-plagiarized work please
Provide accurate and current analysis of holden subsidiary : Environmental factors that indirectly affect the organisation, such as government legislation, demographic and social trends and comprises political, economic, socio-cultural, technological, environmental & legal environmental forces.
What is snomed cts purpose : what is SNOMED CT? What is SNOMED CTs purpose?
Type of life insurance : Kurt purchased a policy with an initial premium of $3,000 and may elect how much he desires to pay in premiums from now on. He has purchased a face value of $100,000 and can accumulate cash value. What type of life insurance has Kurt purchased?
Discuss the difference between violence and protest : Discuss the difference between violence and protest. Assignment is a 200 word minimum essay response, APA format, cited & referenced, non-plagiarized work please.
Identify an organizational structure for your company : Apply what you've learned about staffing and choose two managers that you believe will help you achieve your goals. For each new manager, explain how their background and diversity fits with the team that you're trying to build.
Who might break through yet another glass ceiling : -who might break through yet another glass ceiling?
Question regarding the international market : However, there are challenges that businesses face when exposed to foreign exchange risk in addition to standard business and financial risk. Identify two United States companies that have entered the international market. What financial risk, hav..

Reviews

Write a Review

Finance Basics Questions & Answers

  Suppose laura luckett believes the korean won will rise in

suppose laura luckett believes the korean won will rise in value against the u.s. dollar by march and took an

  How can a rule be improved to make it more effective

How can a rule be improved to make it more effective? Justify your answers using examples and reasoning. Comment on the postings of at least two peers and indicate whether you agree or disagree with their views.

  Calculate the annualized return

From last three years, the common stock of Makkeny Corporation sold for $63.29 on the NYSE. Today, the current share price for the firm is $38.61. The company paid no dividends over this period of time and Makkeny executed a two for one stock split 2..

  Find the future value of an ordinary annuity of 8000 paid

find the future value of an ordinary annuity of 8000 paid semiannually for six years at 6 annual interest compounded

  The company believes that its north american business is

exacta s.a. is a major french producer based in lyon of precision machine tools. about two-thirds of its output is

  Define gentrification and urban revitalization.

Define gentrification and urban revitalization.

  A 720 percent corporate coupon bond is callable in 10 years

a 7.20 percent corporate coupon bond is callable in 10 years for a call premium of 1 year of coupon payments. assuming

  Consider either depreciation calculation method what is

kleener co. acquired a new delivery truck at the beginning of its current fiscal year. the truck cost 52000 and has an

  What is the present value of the tax savings in perpetuity

A firm plans to issue $700,000 worth of debt at a YTM of 7.5%. The debt is trading at par. The firm's marginal corporate tax rate is 30%. What is the present value of the tax savings in perpetuity?

  Prepare the necessary journal entry needed

Prepare the necessary journal entry needed on 12-31-x1 to record depreciation expense

  Estimated a relationship between volatility

Suppose that we estimated a relationship between volatility, y, in percent, and the number of stocks in a portfolio, x, given by y=70-1.5x. How many stocks would be required to achieve a volatility of 15%?

  Find net cash provided by or used in investing activities

Find the net cash provided by or used in investing activities,(Input the amount as a positive value) Net cash is provided by or used in investing activities?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd