During market segmentation analysis, the marketer identifies which segments present the greatest opportunity. These segments are called ________ markets
A) target
B) capital
C) tertiary
D) demographic
E) developing
A
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Which of the following statements about re-entry term insurance is true?
A) It permits the coverage to be renewed an unlimited number of times as long as insurability is demonstrated. B) It permits a refund of premiums paid if the term insurance is renewed a specified number of times. C) It permits a lower renewal premium if the insured demonstrates insurability. D) It permits a lapsed whole life policy to be reinstated as term insurance.
You plan to purchase a new car with a retail price of $26,499 after your trade-in and astute negotiations with the dealership sales manager. You have agreed to make 5 ANNUAL payments with an annual interest rate of 3.90%
How large are your equal annual end-of-the-year payments for your new car? A) $5299.80 B) $5,462.21 C) $5,841.89 D) $5,935.68