Show Recommended textbook solutionsIntermediate Accounting14th EditionDonald E. Kieso, Jerry J. Weygandt, Terry D. Warfield 1,471 solutions
Fundamentals of Financial Management, Concise Edition10th EditionEugene F. Brigham, Joel Houston 777 solutions
Mathematics with Business Applications5th EditionMcGraw-Hill Education 3,755 solutions
Mathematics with Business Applications5th EditionMcGraw-Hill Education 3,755 solutions Key person disability income pays periodic income benefits to businesses when a key employee is disabled. The purpose of the coverage is to allow the business to hire additional help while the employee is disabled. Key persons include: The amount of the disability income benefit is based on the key person's economic value to the business - the loss of income that would occur from reduced sales and hiring a replacement employee while the key person is disabled. Benefits may be paid as monthly periodic benefits, or in a lump sum. The business owns the policy, pays the premiums, and receives the benefits. The key person is the insured individual, who must sign the application, consenting to the coverage. Recommended textbook solutions
Mathematics with Business Applications6th EditionMcGraw-Hill Education 3,760 solutions
Marketing Essentials: The Deca Connection1st EditionCarl A. Woloszyk, Grady Kimbrell, Lois Schneider Farese 1,600 solutions
Mathematics with Business Applications6th EditionMcGraw-Hill Education 3,760 solutions Business Math17th EditionMary Hansen 3,734 solutions
Terms in this set (77)Students also viewedSets found in the same folderOther sets by this creatorVerified questions
economics Suppose that when the interest rate on loans is 16 percent, businesses find it unprofitable to invest in machinery and equipment. However, when the interest rate is 14 percent, $5 billion worth of investment is profitable. At 12 percent interest, a total of$10 billion of investment is profitable. Similarly, total investment increases by $5 billion for each successive 2-percentagepoint decline in the interest rate. Describe the relevant relationship between the interest rate and investment in a table, on a graph, and as an equation. Put the interest rate on the vertical axis and investment on the horizontal axis. In your equation use the form$ i = a + bI$, where i is the interest rate,$a$is the vertical intercept,$b$is the slope of the line (which is negative), and$I$ is the level of investment. Verified answer
management Verified answer Recommended textbook solutions
Other Quizlet sets |