What is the advantage and disadvantage of annuities?

Q: What is the concept of present value and how is it used in financial mathematics?

A: Now, what Present Value determines is how much a future amount of money is worth today. When…

Q: Proving that the equation is correct/equal. General annu

A: It is known that…

Q: Mr. A borrows P 12,000.00 with interest at 6% for two years from Mr. B. What should Mr. B accept in…

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Q: Isn't this a General Annuity Due question?

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Q: Current Attempt in Progress Sunland Company's account balances at December 31 for Accounts…

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Q: 3. How many more monthly payments are made for a 5-year loan than for a 2-year loan?

A: Number of monthly payment for a 5year plan is = 5*12=60 months. (in 1year total number of months is…

Q: The theory for which insurance is based where a protection is purchased by many whose total payments…

A: Introduction: Risk sharing is a concept that forms the basis of many insurance plans.

Q: 6. A life aged 50 purchases a 20-year term insurance with $100,000 sum insured. Premiums are payable…

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Q: 4. A liability insurance policy has a deductible of $100,000, a policy limit of $20,000,000 and…

A: Given theat,liability insurance policy has a deductible of $100,000, a policy limit of$20,000,000…

Q: Directions: Solve the present value P, and amount F of the following ordinary annuities. Quarterly…

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Q: To pay for his debt at 10% compounded semi-annually, рay Marcus committed for 10 quarterly payments…

A: To determine the amount of money Marcus borrowed.

Q: The value of Mr. Watanabe's stock portfolio is given by the function v(t)=50+731-3r², where v is the…

A: Here the value is given by the function v(t) = 50 + 73t - 3t2, we have to calculate the value of the…

Q: Explain the differences between life insurance and general or non-life insurance.

A: Solution-: Explain the differences between life insurance and general or non-life insurance.

Q: Problem 4: What end-of-month deposits for the first six months should Joshua have if he is planning…

A: Given that, The equal amount Joshua is planning to withdraw for the tenth, eleventh and twelfth…

Q: How is the present value of a single sum related to the present value of an annuity

A: The objective is to give the relation between the present value of a single sum and the present…

Q: how do i calculate annuities

A: An annuity is a series of periodic payments that are received at a future date.The annuity payment…

Q: What is one of the trade-offs for having a renter's insurance policy with a low deductible?…

A: The objective of the question is to understand the trade-off or consequence of choosing a renter's…

Q: 7. Laura borrows $5000 for 5 years at an annual simple interests rate of 5% per year. a) What is the…

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Q: Dividends in arrears means that _____?

A: Dividend in arrears account reflected in balance sheet means that dividend has not been paid in the…

Q: 3) What are retained earnings? Select an answer: the amount of money that a company earns as…

A: Retained earnings: It is the amount of money that is the leftover net income for the business after…

Q: A new investment opportunity for you is an annuity that pays $850 at the beginning of each year for…

A: Give information Amount A=$850 Time t=3 years Rate of interest r=5.5% ⇒r=5.5100=0.055 Formula used :…

Q: Ordinary, Deferr

A: Formula for annuities ,  F= [A(1+i)n- 1] / i Proof F = Sum  F= A + F1 + F2 + F3 + F4 + ⋯ + Fn−1 +…

Q: engineer decided to put up a trust fund for her daughter with the condition at his daughter will…

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Q: 2. XYZ Company's preferred stock is selling for P 60.00 a share. If the required return is 8%, what…

A: Given that, XYZ Company's preferred stock is selling for P 60.00 a share. If the required return is…