a. Why is the interest-adjusted cost method a more accurate measure of the cost of life insurance?
Question:
b. Briefly describe the surrender cost index as a method for determining the cost of life insurance.
c. Briefly describe the net payment cost index as a method for determining the cost of life insurance.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (12 reviews)
a The interestadjusted cost method is a more accurate cost method since the time value of money is t...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Principles of Risk Management and Insurance
ISBN: 978-0132992916
12th edition
Authors: George E. Rejda, Michael McNamara
Question Posted:
Students also viewed these Corporate Finance questions
-
Why is the interest rate such an important price in the economy?
-
Why is the interest rate on a credit card generally much higher than government bond interest rates A) Credit cards are debt while government bonds are assets B) All five of the interest rate...
-
Why is effective duration a more accurate measure of interest rate risk for bonds with embedded options?
-
Some food retailers propose subjecting food to a low level of radiation in order to improve safety, but sale of such "irradiated" food is opposed by many people. Suppose a grocer wants to find out...
-
Furry Friends Food Manufacturing has compiled the following estimates for operations For each of the following, perform a break-even analysis showing computation of the (a) Contribution margin ; (b)...
-
Please explain the optimal debt ratios and why do public utilities have high debt ratios? Please explain whether dividends increase or reduce shareholder value? How do you financially evaluate an...
-
Annual household expenditures (in dollars) of a random sample of university professors: Find the range, mean, variance, and standard deviation of the sample data set. 37,224 40,964 43,724 36,188...
-
In Problem 2-3, if the direct manufacturing cost for cabinets is $27 and the rework cost is $8, compute the manufacturing cost per good product. Determine the manufacturing cost per product if the...
-
Why is structure and hierarchy so important in understanding and managing organizational conflict? With that in mind, how do you best handle a conflict between yourself and your immediate supervisor?
-
For each pair of atomic sentences, give the most general unifier if it exists: a. P(A, B, B), P(x, y, z). b. Q(y, G (A, B)), Q (G(x, x), y) c. Older (Father (y), y), Older (Father(x), John). d. Knows...
-
What is a no-load or low-load life insurance policy? Explain.
-
Briefly explain the Linton Yield as a method for determining the rate of return on the saving component of a cash-value policy.
-
Cheney Company purchased a piece of equipment for $14,000 and depreciated it for three years over a 5-year estimated life with an expected residual value at the end of 5 years of $2,000. At the end...
-
Earths Moon has a lithosphere that is continuous, not divided into continental and oceanic lithosphere as on Earth. Would you expect that there would be plate tectonic activity on the Moon similar to...
-
Describe the formation of coal.
-
Discuss the role of heat and the role of gravity in the motion of tectonic plates.
-
(a) What is the average temperature of Earths interior 20 km below the surface? (b) How much warmer is it 30 km below the surface compared to 10 km below?
-
How is Earths lithosphere like a jigsaw puzzle? How is it NOT like a jigsaw puzzle?
-
Some generators, called shunt generators, use electromagnets in place of permanent magnets, with the field coils for the electromagnets activated by the induced voltage. The magnet coil is in...
-
Banner Company acquires an 80% interest in Roller Company for $640,000 cash on January 1, 2013. The NCI has a fair value of $160,000. Any excess of cost over book value is attributed to goodwill. To...
-
If the price paid for a certain item is \($40\) and the consumers surplus is \($4,\) then what is the maximum buying price for that item? If the minimum selling price is \($30\) and the producers...
-
Alumina Limited of Australia has called Mitsubishi UFJ Financial Group to get its opinion about the Japanese yenAustralian dollar exchange rate. The current rate is 67.72 /A$, and Mitsubishi UFJ...
-
Go to www.fxstreet.com, find the Live Charts Window, and plot the exchange rate of the dollar versus the euro with a candle stick highlow chart at 5-minute intervals for 1 day, daily intervals for 1...
-
Go to the CLS Bank Web site, www.cls-group.com and read about In/Out Swaps. How do they help participants manage their risks?
-
1. Electric potential is given by V=6x-8xy-8y+6yz - 4z Then magnitude of electric force acting on 2C point charge placed on origin will be :- (1) 2N (2) 6N (3) 8N (3) 8N (4) 20 N 2. Figure shows...
-
23. A convex mirror used for rear view on an automobile has a radius of curvature of 3m. If a bus is located at 5m from this mirror, find the position, nature and magnification of the image. 24. An...
-
17. A concave mirror produces a real image 10mm tall, of an object 2.5mm tall placed at 5cm from the mirror. Calculate focal length of the mirror and the position of the image. 18. An object is...
Study smarter with the SolutionInn App