Karen is concerned about the rate of return she will earn on a cash value life insurance policy. To analyze the rate of return, she divided each premium into two components: cost of insurance coverage and savings. Then she calculated the average annual rate of return that would be needed to transform the annual savings contributions into the guaranteed cash value at a specified time. Karen calculated the:
(a) net payment cost
(b) Linton yield
(c) yearly rate of return using the Belth method
(d) surrender cost
Ans: (b) Linton yield
Business
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Fill in the blank(s) with the appropriate word(s).
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Con¬fidential informationregarding abusiness or product is called a(n) _______ secret
Fill in the blanks with correct word
Business