Which of the following statements about the traditional net cost metho

Which of the following statements about the traditional net cost method of measuring the cost of life insurance is (are) true?

I. The traditional net cost method does not consider the time value of money.
II. The traditional net cost method can show that life insurance has a negative cost.
A) I only
B) II only
C) both I and II
D) neither I nor II

ANSWER

Answer: C