.Client transacted on May 7, 2012, Monday, to participate in the Peso Fixed Income Fund within cut-off time. What NAVPU will be applicable in his investment?

Q: Which of the following characteristics is a necessary feature for pricing a set of cash flows as an…

A: An ordinary annuity is a payment with the same amount and same time interval. Features of the…

Q: Assume that you begin saving 3% of your total income in an employer-provided retirement plan at…

A: The savings of the employee are increasing by fix rate of 2% each year, while the income is…

Q: Find the amount of periodic payment necessary for the deposit to a sinking fund. (Round your answer…

A: In the given question we need to compute the periodic payment amount if we need $50000 at the end of…

Q: 16. In 2011, the maximum amount that you could have contributed to your RRSP (Registered Retirement…

A: RRSP is a retirement saving plan launched by the government of Canada for the citizens of their…

Q: If the bank compounds interest annually, how much will you have in your account on January 01, 2021?

A: It has been given in the question that the interest which a bank credits into the account has been…

Q: Analyzing Footnote Disclosure of Pension Buy-out In a press release dated December 3, 2018, Bristol…

A: To determine the net funded status at December 31, 2019, we need to consider the impact of the…

Q: For the follwing case, determine the  number of years it wll take for the intitial deposit to grow…

A: The number of years it will take to reach the target can be computed with the help of log function.

Q: f you would like to retire as a millionaire. If you make a uniform deposit of $19,000 monthly at an…

A: Millionaire means that you want one million in retirement and the future value of the deposit…

Q: EFarly distributions from retirement plans may result in additional tax (10% penalty) on the…

A: Early withdrawals from conventional and Roth IRAs will be subject to an extra 10 percent tax, unless…

Q: John Goodheart wishes to provide for 6 annual withdrawals of $3,000 each beginning January 1, 2029.…

A: Value of an Annuity-The value of an annuity refers to the present value or future value of an…

Q: The ___________ method requires one to estimate annual retirement expenses when estimating required…

A: Lets understand the meaning of adjusted expense method. It is a method in which, There is first…

Q: Give typing answer with explanation and conclusion    With this type of cash value life insurance…

A: Cash value life insurance policies offer a unique blend of life insurance coverage and a savings or…

Q: me balance in a Registered Retirement Income - the beginning of each m +

A: Registered retirement income fund refers to the fund related to the annuity in which income is to…

Q: monthly

A: I would borrow a loan that is amortized quarterly.   The reason for this is based on the principles…

Q: Suppose you deposit $5,000 into an account at the end of 2021, $4,500 at the end of 2022, $4000 at…

A: Here in this question, we are required to calculate how much amount will be accumulated after last…

Q: You purchase a three-month discount security (e.g., a Treasury bill or commercial paper) for $0.9878…

A: Purchase price of 3-month discount security = $98780 Face Value = $100,000

Q: how much interest will he pay in his 36th​ payment?

A: To determine the interest, he would pay on his 36th payment, we need to determine the loan balance…

Q: If the future income tax rate at retirement (end of year 30) is 30%: 1)What is FW or Roth IRA?…

A: =Yearly investmentInterest rate[(1+interest rate)time period-1] =$1,4400.08[(1+0.08)30-1]…

Q: What is the double entry to record my payments to a rotating savings arrangement weekly? What is…

A: Double entry is one of the method of bookkeeping which states that each monetary transaction has…

Q: Early withdrawals from retirement plans may be subject to an extra tax (10 percent penalty). Which…

A: Early withdrawals from conventional and Roth IRAs will be subject to an extra 10 percent tax, unless…

Q: An insurer needs to make the following annuity payments into a private pension fund: £771 paid at…

A: Here,Periodic payment for first 5 years is £771Periodic payment for next 8 years is £1,097Periodic…

Q: How can we calculate the total annual interest payment for a credit card debt of $ 1,000?

A: We should pay the credit card bill by the end of credit free period to avoid interest charges upon…

Q: A corporate pension plan has to make the following payments over the next few years: Year 1 2 3 4…

A: Present value is the estimation of the current value of future cash value which is likely to be…

Q: Clark’s Landscaping bills customers subject to terms 2/25, n/60. Required: Compute the annual…

A: Annual Interest Rate= Discount % / 100 - Discount % * 365 / days paid early

Q: If an electric appliance present worth is P 11,712 and is being paid P 1,636 indefinitely, calculate…

A: Perpetuity means infinite no. of payments of same amount and made in equal intervals. Person can…

Q: A pension plan must make total disbursements of $2.7 million, $3.7 million, and $2.7 million…

A: The time value of money technique explains the concept that the rupee received today is worth more…

Q: Find the amount of periodic payment necessary for the deposit to a sinking fund. (Round your answer…

A: A fund that is created to repay a debt or replacement of an asset by putting an equal sum of amount…

Q: Suppose a graduate student receives a non-subsidized student loan of $11,000 for each of the 4 years…

A: Non-Subsidized Student Loan per year = $11,000 Time Period of Non-Subsidized Student Loan = 4 Years…

Q: If you were given a choice of investing in an account that paid quarterly interest and one that paid…

A: Effective annual rate is the actual rate an investment generates after taking all the compounding…

Q: .When the customer provides a long-term, steady income stream to the provider this asserts the…

A: An annuity is a payment that is made on the regular basis with a fixed interval of time over the…

Q: Calculate the present value as at 1 January 2019 of a series of payments of £100 payable on the…

A: Monthly annuity=£100Period of annuity= 36 monthsEffective interest rate=8%Deferred period= 12 months…

Q: Please calculate the interest on a $10,000, 120-day, 12 percent note. Once you have determined the…

A: A note payable appears to be a written commitment to pay a certain amount at a later period. When a…

Q: If you borrow $1000.00 on May 1, 2019, at 10% compounded semi dash annually, and interest on the…

A: The objective of the question is to find out the due date of the loan. The loan amount is $1000.00,…

Q: 30.A financial product that pays out a fixed stream of payments to an individual, primarily used as…

A: A financial product is a tool that allows a person to do one of the following: make a monetary…

Q: Find the present value of an annuity-immediate such that payments start at 1, increase by annual…

A: Annuity Immediate Payments start at 1, and increase by 1   Assumptions: Interest Rate = 10% Annuity…

Q: Commencing January 1 2022 Narelle plans to deposit $500 at the beginning of each month into an…

A: Here,MonthlyDeposit is $500Interest Rate for first six month is 3.76%Interest Rate for next six…

Q: In terms of an effective annual interest rate, how can the interest payment be rewritten?

A: An APR (Annual Percentage Rate) is the nominal rate or the stated rate of interest in any financial…

Q: For each of the following situations involving annuities, solve for the unknown. Assume that…

A: The formula used for calculation is  Present Value = Annuity * PVAFi%,n  Where, PVAF is Present…

Q: For life insurance policies, some of the premium pays for the cost of the insurance, and the…

A: The annual percentage yield (APY) is the real rate of return earned on an investment, taking into…