menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Certification
  3. Study Set
    Health and Health Insurance, English and Language Usage, Mathematics, Reading, and Science Comprehensive Examination
  4. Exam
    Exam 1: Health: Health and Life Insurance
  5. Question
    Bob Purchases 500 Accumulation Units at $1
Solved

Bob Purchases 500 Accumulation Units at $1

Question 22

Question 22

Multiple Choice

Bob purchases 500 accumulation units at $1.00 per unit. If the value of the accumulation units increases to $2.50 each, how many accumulation units will Bob own?


A) 200 units
B) 500 units
C) 1250 units
D) The value has nothing to do with the number Bob purchased

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q17: If an individual wants to purchase $500,000

Q18: When an individual purchases an annuity they

Q19: When is a policy considered delivered?<br>A)When a

Q20: Which part of the annuity is taxable

Q21: The cause of potential loss is referred

Q23: What type of insurance is designed to

Q24: Jessica designates her $300,000 life insurance policy

Q25: Sarah purchases a life annuity with period

Q26: What helps to lower the premium rates?<br>A)Credit

Q27: When Bill dies Janell receives the death

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines