A limited payment whole life policy provides
A) protection for 20 years
B) lifetime protection
C) protection for more than one person
D) discounted premiums
Ans: B) lifetime protection
Business
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On January 1, 2016, Alldredge Company purchased equipment and signed a six-year mortgage note for $186,000 at 15%
The note will be paid in equal annual installments of $49,148, beginning January 1, 2017. Calculate the portion of interest expense paid on the third installment. (Round your answer to the nearest whole number.) A) $49,148 B) $21,048 C) $27,900 D) $164,752
Business
Which of the following is the LEAST likely cause of sales call reluctance?
A) fear of rejection B) fear of group presentations C) fear of taking risks D) lack of self-confidence E) fear of networking
Business