Lynn calculated the future value of the first twenty premiums she will pay under her nonparticipating whole life insurance policy. Then she subtracted the cash value after 20 years
Next, she divided this value by the future value annuity due factor for 20 years to arrive at an annual cost of insurance. Finally, she divided the annual cost by the number of thousands of dollars of life insurance purchased to arrive at the cost per thousand per year. Lynn calculated the
A) traditional net cost per thousand per year.
B) the Linton Yield.
C) the surrender cost per thousand per year.
D) the net payment cost per thousand per year.
Answer: C
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If the coefficient of correlation r = 0, then:
a. the slope of the regression line is zero. b. there is no linear relationship whatsoever between the dependent variable y and the independent variable x. c. the coefficient of determination is zero. d. All of these are correct. e. None of these is correct.
In a(n) _____ auction, multiple sellers submit price bids to an auctioneer who represents a single buyer
Fill in the blank(s) with correct word