Which of the following is an example of a recommendation??
A) ?The cost of the brick veneer will be seven percent more than aluminum siding.
B) ?Even though brick veneer is more expensive, we understand it will be more durable over the years.
C) ?Install brick veneer because its slightly higher cost will be well offset by its durability.
D) ?Both brick veneer and aluminum siding have their advantages.
C
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A life insurance policyowner was injured in an automobile accident which results in a total and permanent disability. Which rider would pay a monthly amount because of this disability?
A) Long-term care rider B) Disability income rider C) Annuity rider D) Waiver of premium
The effective annual rate (EAR) for a loan with a stated APR of 11% compounded quarterly is closest to ________
A) 12.61% B) 13.75% C) 11.46% D) 14.90%