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A special whole life immediate annuity on a life aged 45 pays an yearly amount of 5000 for the first 5 years, then 15000 for the subsequent 5 years and 10000 thereafter.
What is the EPV of this annuity.
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- A 40-year-old individual will be paid 100 TL in the first year at the beginning of the term and 50 TL increase in the following years for 5 years. Calculate the net single premium to be paid by the individual who will purchase such an annuity of life.A perpetuity will pay $800 per year, starting five years after the perpetuity is purchased. What is the present value (PV) of this perpetuity on the date that it is purchased, given that the interest rate is 3%?Use the ordinary annuity formula shown to the right to determine the accumulated amount in the annuity if $20 is invested semiannually for 20 years at 5.5% compounded semiannually. The accumulated amount will be $
- A perpetuity has payments of 1, 1.2, 1, 1, 3, 1, 1, 4. Payments are made at the end of each year. Assuming an annual effective interest rate of 5%, find the present value of the perpetuity. A B с D E 45 60 67 119 440 4Calculate the net single premium for a 5 year deferred temporary annuity which pays €2,000 each year, to be received beginning at age 68 for a person who is currently 5O. Assume a rate of interest of 2% and that the premiums are forfeitable.A perpetuity paying $3, 000 at the beginning of each two years has the same present value as another perpetuity with level payments, this one having payments at the end of each three years. Express the level payment amount of the second perpetuity, P, as a function of the annual effective interest rate i.
- The beneficiary of a life insurance policy is to receive $2000 a year for 5 years, the first payment to be made at the time of the death of the injured. Find the value of the annuity at the time of death of injured, assuming the current interest rate to be 4%. Answer: $9259.8A perpetuity will pay $900 per year, starting five years after the perpetuity is purchased. What is the present value (PV) of this perpetuity on the date that it is purchased, given that the interest rate is 11%?A perpetuity will pay $736 per year, starting five years after the perpetuity is purchased. (The first payment is precisely 5 years after purchase.) What is the present value (PV) of this perpetuity on the date that it is purchased, given that the interest rate is 9 % ?
- The FV of an annuity where payments are made at the beginning of the year is $6,456 and the FV of an annuity where payments are made at the end of the year is $5946. If the annuity is for 5 years; find the interest rate.A certain annuity pays $108 at the end of every 3 months. If the present value of the annuity is $1,200 and the accumulated amount is $2,000, determine the nominal rate.For a special 20-year temporary life annuity-due payable monthly on (50), you are given: - Mortality follows the Illustrative Life Table with ? = 0.06. - Deaths are uniformly distributed over each year of age. - 100 is payable at the beginning of each month from age 50 for 10 years. - 400 is payable at the beginning of each month from age 60 for 10 years. Calculate the expected present value of these annuity payments.
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