Describe the budget method to determine the amount of life insurance needed. What elements must be considered in making this calculation?
Answer to relevant QuestionsList and briefly discuss the factors that affect an individual’s life insurance premium. What is the interest payments option? How does it differ from the installment payments option? What is universal life insurance? How does it differ from term life and whole life? Shortly after Steve graduated from college, he considered a whole life insurance policy that would provide $ 10,000 in life insurance protection and accumulate a cash value of twice his current annual income by age 65. Two ...How do mutual funds operate? Who manages mutual funds? How are coupon or dividend payments handled by the mutual fund? Can investors incur capital losses with mutual funds?
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