An insured 25 year old purchased a $50,000 . 20-year endowment policy with quarterly premiums. Ten years later he needed the maximum loan available on the policy. How much more had the insured paid in premiums than he could borrow on the policy?
$8,050
(14.30 × 50 × 4 × 10) - (411 × 50)
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Calculate the net marketing contribution variance, if the actual net marketing contribution and net marketing contribution estimated in the plan are $450,000 and $900,000, respectively. The actual percentage of market share is 25%
A) $450,000 B) $11,250 C) -$450,000 D) -$11,250 E) $225,000
A company can use comparisons of its financial data to the data of other companies and industry values to evaluate its position
Indicate whether the statement is true or false
Refer to the table. What is the appropriate equation for cell B5?
A) =B2 - B4 B) =B3 - B4 C) =B4 - B2*B3 D) =B4 - B3*B2 E) =(B2*B3 ) - B4
Maiko lost her job and she was forced to sell a rental property because she did not have other funds (liquid, emergency, etc) available to meet her financial obligations. What financial principle best applies to this situation?
A) The time value of money B) Waste not, want not—smart spending matters. C) Mind games, financial personality, and your money D) Stuff happens, the importance of liquidity.