Term life insurance has a life insurance component and a savings plan

Indicate whether this statement is true or false.


Answer: FALSE

Business

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Why is it important for retailers to understand how families make purchase decisions?

What will be an ideal response?

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When sending a thank you note, what type of media is most acceptable?

A) PDF file B) Hand written on quality stationary C) Telephone D) Email E) Word attachment

Business

Retleb Manufacturing Company noticed that, during its busiest month of 2014, maintenance costs totaled $15,400, resulting from the production of 32,000 units. During its slowest month, $12,600 in maintenance costs were incurred, resulting from the production of 24,000 units. Use the high-low method to estimate the maintenance cost that the company will incur if it produces 20,000 units?

A) $7,000 B) $11,200 C) $8,400 D) $2,800

Business

Given identical data, the future value of annuity due is always greater than the future value of an ordinary annuity

Indicate whether the statement is true or false.

Business