7. The following are the annual premiums charged by an Insurance Corporation for a policy of Rs. 10 lakh. Calculate the premium payable at the age of 26. Age in years 20 25 30 35 40 Premium (Rs. thousand): 23 26 30 35 42

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A: Given that a certain policy issued at age 28 provides for the following schedule of payable amounts…

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Q: value $1,000 that currently costs $995? (Help: start your tests with a rate of 5% and make…

A: here coupon = 50 time  = 3 years F V = 1000 to find = YTM

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Q: Two special discrete 20-year endowment insurance policies on (30) are issued. One policy provides…

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Q: The following are the annual premiums charged by an Insurance Corporation 10 lakh. Calculate the…

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Q: The following are the annual premiums charged by an Insurance Corporation 10 lakh. Calculate the…

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Q: As part of the settlement for a class action lawsuit, Hoxworth Corporation must provi sufficient…

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Q: What is the time period of a loan for $3,0000, at 10% ordinary Interest, if the amount of Interest…

A: Given information Principal amount P=$3,000 Rate of interest r=10% Amount of interest is I=$125.00…

Q: 5. Jerald is Investigating the typlcal depreciation rate for the used automobile he Intends to…

A: a)Let exponential functiony=abx --(1)where x is number of yearsafter 1999and y is cost of used…

Q: A real estate agent agrees to sell a large apartment complex according to the following commission…

A: It is given that the commission is scheduled for $45,000 plus 25% of the selling price in excess of…

Q: Lance is paid with straight commission of 4.73%, and his expected annual sale is $1,250,000.00. What…

A: According to question given that Straight commission= 4.73%=4.73100=0.0473Expected annual…

Q: Find the present value of 10 semi- annual payments of 5,000Php each if the first is due at the end…

A: Given: Regular payments, P = 5000 Php Interest rate, r = 10% = 10%2=5%=0.05 Number of period = 10…

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A: We know, quarter of a period is 14th of the period. Hence, In working problems involving interest,…

Q: You have the following market information for zero-coupon bonds that have a 1,000 face value. Please…

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Q: A marketing manager leases a car for 24 months after agreeing to a negotiated price of $45,250 and…

A: We have to find the monthly lease payment (in dollars).

Q: c. How big does the return have to be to put a domestic stock fund in the top 10% for the three-year…

A: It is given that the mean is 14.4% and the standard deviation is 4.4%.

Q: 2. What equal payments at the beginning of each 2 months for 4 years will discharge a debt of P 18o,…

A: As per our guidelines, we are supposed to solve only first question. Kindly repost other question as…

Q: What is the percentage of customers in states with a deposit law wh recycle

A: The summarized data of 1000 bottled beverage consumers is obtained as:   Categories Lives in a…

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A: According to the provided information, cash flow sequence that started at $3000 in year 1 and…

Q: 8 1llustration 14.3. From the following figures find the premium payable at the age of 40. Age (in…

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Q: When discounted cash flow methods of capital budgeting are used, the working capital required for a…

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Q: Compute the rate (in %) for the loan. Round answers to the nearest tenth of a percent; use ordinary…

A: rate of interest is 8.5%

Q: 1. Following are the annual premiums charged by an insurance company for a policy of Rs 1000.…

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Q: Calculate the time needed on an investment of  $400,000 to gained                           an…

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Q: A company is due to receive a payment of £500,000 from a customer in 6 months’ time. To smooth its…

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Q: Calculate the purchasing power of $80,000 in 15 years using an annual inflation rate of 6%. Round…

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Q: 1. Find the simple interest earned on a deposit of S5,750 that is left on deposit for 3.5 years and…

A: Note: According to Bartleby guidelines; for more than one question asked, only the first one is to…

Q: 13. Compute the net present value of a P260,000 investment with a 10-year life, annual cash inflows…

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Q: de 2. The following are the annual premiums charged by the Life Insurance Corporation of India for a…

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Q: 1. The Jacobs family is planning to buy a home. They have some money for a down payment already.…

A: The formula of Monthly payment for loan:                       M =Pr121+r1212t1+r1212t-1 where M=…

Q: If an investment company started in business with $1 million of capital on January 1 and, because of…

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Q: 24 Estimate the number of persons earning between Rs. 30 and Rs. 40 from the following: Income (Rs.)…

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

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Q: 9. What equal uniform annual payment for nine years beginning two years from now would be equivalent…

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Q: Suppose that on January 1 you have a balance of ​$3500 on a credit card whose APR is 18​%, which you…

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Q: A $5000 bond with a coupon rate of 6.25% and redeemable in two years was purchased when the yield…

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Q: Suppose that on January 1 you have a balance of $4700 on a credit card whose APR is 18%, which you…

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Q: 2. By the condition of a will, the sum of P20,000 is left to a girl to be held in a trust fund by…

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Q: What annual rate of simple interest is necessary to give interest of $416 on a principal of $800…

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Q: Suppose that you have just been hired at an annual salary of $22,000 and expect to receive annual…

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Q: Suppose that on January 1 you have a balance of $4700 on a credit card whose APR is 12%, which you…

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Q: For a fully discrete 3-year endowment insurance of 100 on (50), you are given: (i) The following…

A: Given the double decrement table as x lxτ dxd dxw 50 1000 20 35 51 945 25 25 52 895 30 0…