An automobile will never be considered be a necessary item for a minor
a. True
b. False
Indicate whether the statement is true or false
False
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What are the three types of formal intervention methods?
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Employers and unions have a duty to bargain in good faith.?
Indicate whether the statement is true or false
You have the opportunity to purchase an insurance policy for your newborn son. You must make the payments shown in the table. After his fifth birthday no more payments are required
If your son reaches the age of 60, then the insurance company will pay him $90,000. Alternatively, you could invest the money in a savings account. Your banker promises to pay you interest at the rate of 8% for the first 5 years (from now until your son's fifth birthday), but only promises 4% every year after that. Should you buy the policy or invest in the savings account? First birthday $600 Second birthday $650 Third birthday $700 Fourth birthday $750 Fifth birthday $800 A) Yes, buy the policy. B) No, do not buy the policy. C) The policy and the savings account have the same future value.