Which of the Following Statements About the Linton Yield Is

question 37

Multiple Choice

Which of the following statements about the Linton yield is (are) true?
I.It is based on the assumption that a cash-value policy can be viewed as a combination of insurance protection and a savings fund.
II.It is the average compound annual rate of return required to make the savings deposits in a life insurance policy equal to the policy's guaranteed cash value at the end of a specified period.

• A)I only
• B)II only
• C)both I and II
• D)neither I nor II

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Definitions:

Usable Form

A state or format of data or information that can be easily understood and applied by users or systems.

Centralized Control

An approach where all decision-making and system control mechanisms are concentrated in a single location or entity.

Main Controller

The primary device or system responsible for managing and directing the operations of a network, machine, or process control system.

Pushbutton Switch

A manually operated switch that can make or break an electrical connection when pressed.