Business, 07.10.2019 16:30 amunnik04

When an insurance company needs to provide a payout, the money is removed from the consumer's income. a bank loan. a pool of funds. the consumer's account?

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Answer from: 19thomasar

I just took the quiz and it's 'a pool of funds'.

Answer from: ebandejas22

When an insurance company needs to provide a payout, the money is removed from "a pool of funds".

Pooled funds are assets from numerous individual financial specialists that are amassed for the reasons for speculation, as on account of a shared or annuity support. Investors in pooled fund ventures profit by economies of scale, which take into account bring down exchanging costs per dollar of venture, expansion and expert cash the executives. Alongside the additional costs engaged with the type of the executives charges, the fundamental detractor of pooled fund investments is that capital increases are spread equally among all investors, now and then to the expense of new investors.

Answer from: Quest

the investment was $14,174.196

explanation:

a lump sum means that the father of the example made one deposit and leave it be.

we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24

$capital * (1+0.045)^{28} = 48,613.24$

now clearing the formula to solve for capital we got:

$capital = \frac{48,613.24}{(1+0.045)^{28}}$

and we reach the answer investment = $14,174.20

Answer from: Quest

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

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