Suppose your annual premium for a 20000 twenty-year, Finance Basics

+44 141 628 6080
[email protected]

Suppose your annual premium for a 20000 twenty-year

Question: Suppose your annual premium for a $20,000, twenty-year limited-payment policy is $420 over the twenty-year period. The cash value of your policy at the end of 20 years is $9,200. Assume that you could have invested the annual premium in a mutual fund yielding 7 percent annually. What is the net cost of your insurance for the 20-year period?

Request for Solution File

Ask an Expert for Answer!!

Finance Basics: Suppose your annual premium for a 20000 twenty-year

Reference No:- TGS02282076

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Finance Basics

Q : You and your spouse are in good health and have reasonably

question you and your spouse are in good health and have reasonably secure careers each of you makes about 40000

Q : In what way might each type of accountability be affected

1 in what way might each type of accountability be affected by or related to social marketing2 imagine that you have

Q : Critically evaluate the profit maximization rule with

1 compare and contrast the short run average total cost and long run average cost cures with graphs2 critically

Q : Determine the purpose of the feedback loop design and argue

assignment nippwrite a two to four page paper in which you1analyze the national infrastructure protection plan and risk

Q : Suppose your annual premium for a 20000 twenty-year

question suppose your annual premium for a 20000 twenty-year limited-payment policy is 420 over the twenty-year period

Q : Describe the major ebusiness transactions the equipment and

describe the major ebusiness transactions the equipment and protocols used to support those transactions and the role

Q : You are observing the sales department staff using

you are observing the sales department staff using exponential smoothing to forecast monthly sales their forecast for

Q : Review the settlement options on your familys life

question 1 review the settlement options on your familys life insurance policies and discuss with your family which

Q : Challenge it by pointingout that there is an alternative

critically analyze the given statements using the following criteria-challenge it by pointingout that there is an

1946224

Questions
Asked

3,689

Active Tutors

1457010

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Asked Questions

Examine gender inequality on a global scale

Question: Examine gender inequality on a global scale, considering how factors such as globalization, colonialism

How are schools important in the struggle for power

Question: How are schools important in the struggle for power and status?

How the major schools of thought within sociology

Question: Discover how the major schools of thought within sociology explain social stratification.

How sociological models help understand mental illness

Based on the chapter by Allen Furr on the sociology of mental illness, How do sociological models help you understand mental illness differently

Review the real-life cat and mouse chase

Real-Life Cat and Mouse Chase: Understanding the Perceptions and Attitudes of Street Vendors of Metro Manila towards MMDA Regulation No. 03-004

How is it rational for the owner of a factory or plantation

How is it rational for the owner of a factory or plantation to work his laborers to death or disability when they can easily be replaced cheaply?

How coastlines are vulnerable to multiple climate change

Even though are coastlines are very vulnerable to multiple climate change impacts, the good news is that because most of our urban settlements