The Average Annual Rate of Return on a Cash-Value Policy

question 4

Multiple Choice

The average annual rate of return on a cash-value policy if it is held a specified number of years is called the policy's

• A)net present value.
• B)interest-adjusted cost.
• C)benchmark cost.
• D)Linton yield.

---

Definitions:

Electors

Individuals chosen to vote in an electoral college system, such as that used for the United States presidential elections.

Electoral College

A body of electors established by the U.S. Constitution, responsible for selecting the President and Vice President, where each state's voting power is roughly proportional to its population.

State Laws

Legislation enacted by individual states within a country, governing within their territories and jurisdiction.

U.S. Constitution

The foundational document of the United States, outlining the framework of government, its institutions, and the rights of its citizens.