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FICEP FINAL EXAM / NEWEST FICEP ACTUAL FINAL EXAM REAL TEST QUESTIONS AND CORRECT VERIFIED ANSWERS (FULL REVISED EXAM) LATEST UPDATES |ALREADY GRADED A+ (BRAND NEW!!)$20.49
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FICEP FINAL EXAM / NEWEST FICEP ACTUAL FINAL EXAM REAL TEST QUESTIONS AND CORRECT VERIFIED ANSWERS (FULL REVISED EXAM) LATEST UPDATES |ALREADY GRADED A+ (BRAND NEW!!)
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Course
FICEP
Institution
FICEP
FICEP FINAL EXAM / NEWEST FICEP ACTUAL FINAL EXAM REAL TEST QUESTIONS AND CORRECT VERIFIED ANSWERS (FULL REVISED EXAM) LATEST UPDATES |ALREADY GRADED A+ (BRAND NEW!!)
FICEP FINAL EXAM / NEWEST FICEP ACTUAL FINAL
EXAM 2024-2025 REAL TEST QUESTIONS AND
CORRECT VERIFIED ANSWERS (FULL REVISED
EXAM) LATEST UPDATES |ALREADY GRADED A+
(BRAND NEW!!)
Which statement best defines comprehensive and collision
insurance coverage for vehicles? - Answer-Collision is for
accidents and comprehensive is for other forms of damage and
theft.
What type of protection is provided by an umbrella liability
policy? - Answer-It protects homeowners and vehicle owners
from lawsuits.
Which statement accurately describes features of term
insurance and whole life insurance? - Answer-Whole life
policies build cash value and policy settlement options.
Why should a member never simply drop a whole life insurance
policy? - Answer-Whole life policies usually have cash value, or
surrender options.
, What is the "rule of 72" used to determine? - Answer-The
number of years required to double the investment: 72 divided
by the current interest rate.
What is the rate of return? - Answer-The percentage gain in
value on your investment.
If you drop your thermostat by one degree, how much will it
cut your heating costs? - Answer-3%
In order to make a cost-effective car purchase, what should you
consider before buying? - Answer-You should consider the car's
cost to buy, cost to maintain, ability to meet your needs, and
resale value.
What are some potential disadvantages of leasing a car? -
Answer-Leases sometimes allow dealers to charge additional
fees for exceeding the contract's mileage or causing high "wear
and tear" on the card.
What is an advantage of prepaid cellphone plans? - Answer-
Prepaid pay-as-you-go plans are better for people with low
credit ratings.
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