You are given the following extract from a select life table.[x] l]40 33519 33485334403338041 33467 33428 333783330042 33407 33365333093330043 33340 33294332313320044 33265 33213 3314333100Consider an endowment insurance with term 3 years and sum insured2941$ payable at the earlier of the end of the year of death or atmaturity, issued to a select life aged 40. Premiums of amount P arepayable annually throughout the term of the insurance. Find P using thattable and the equivalence principle.Answer:

Given Insurance type : Endowment insurance Duration : 3 years Sum insured : $2941…

Answered: You are given the following extract…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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James has an investment worth $175,609.50. The investment will make a special payment of X to James in 1 month from today and the investment also will make regular, fixed monthly payments of $1,440.00 to James forever. The expected return for the investment is 1.23 percent per month and the first regular, fixed monthly payment of $1,440.00 will be made to James in one month from today. What is X, the amount of the special payment that will be made to James in 1 month? An amount less than $58,600.00 or an anmount greater than $179,600.00 An amount equal to or greater than $58,600.00 but less than $88,950.00 An amount equal to or greater than $88,950.00 but less than $146,400.00 An amount equal to or greater than $146,400.00 but less than $176,000.00 O An amount equal to or greater than $176,000.00 but less than $179,600.00 Com SHEMA
(3) ? 698 (4) 700 5000 becomes ? 7000 in 4 years at a certain rate of interest. If the rate becomes 1.5 times of itself, the nount of the same principal in 5 years will be 7 8000 e sum of money that will give l as simple interest per day at the rate of 5% per annum is * 730 (2) 7875 (3) 9000 (4) 9250 (2) 3650 (3) 7300 (4) 36500
You are the accountant for a company that owns a chain of 18 fast food restaurants in a state which adjusts the minimum wage for inflation. Each restaurant employs 45 workers, each averaging 20 hours per week at the current federal minimum wage, $7.25 per hour.(a)How many hours at minimum wage are paid out each week by the company?hr(b)At the current rate of $7.25 per hour, what is the amount (in $) of the weekly "minimum wage" portion of the restaurant's payroll?$ (c)If the inflation rate this year is 0.7%, calculate the "adjusted" minimum wage rate (in $ per hour) to be paid next year. (Round your answer to two decimal places.)$ per hour(d)How much in "additional wages" will the company have to pay out next year at the adjusted rate (in $)? (Round your answer to the nearest dollar.)$ (e)Suggest some ways that the restaurant chain or other small businesses can offset the increase in payroll and subsequent decrease in profit as a result of the minimum wage hike.
It is claimed that Table 6 represents the seasonal factors obtained from a quarterly time series. Table 6 Quarter 1 2 3 4 Explain why this claim cannot be correct. Seasonal Factor -203.4 -81.6 24.1 -260.9
= 1 years 2 Continue 3 = 4 = 5 X = 6 S = 7 = 8 9 Suppose that $3000 is placed in a savings account at an annual rate of 8.6%, compounded semiannually. Assuming that no withdrawals are made, how long wil it take for the account to grow to $4767? Do not round any intermediate computations, and round your answer to the nearest hundredth. MacBook Pro = 10 11 12 13 Submit A © 2023 McGraw Hill LLC. All Rights Reserved. Terms of Use | Privacy Center
2. A loan Lis repaid using increasing payments. The first payment, made at t = 1, is of amount 200, and each subsequent payment increases by a factor of (1.05), with the last payment at t = t= 10, the borrower decides to make an additional payment of X, which allow him to halve the size of the remaining payments (t = 11, ., 20). Determine L and X if the effective interest is 8%. 20. However, at %3D
Illu.16 : On 31st Lecember, 2003 Andhra Traders Lid, shored in thei accouts the following balances : Rs. 1.50.000 Debenture Redemption Fund Debenture Redemption Fund Investments 1.50,000 5% Debentures 150,000 On 1st March, 2004, the Company sold the investments for Rs.150,500 and the debentures were paid off. Prepare (a) Debenture A/e (b) Debenture Redemption Fud a/c (c) Debenture Redemption Fund Investment a/e. CS Scanned with CamScanner
Question 6 A machine is bought for OMR 100,000 and depreciation is charged at 8% p.a. at written down value method. What is the amount of depreciation at the end of second year? Not yet answered Marked out of O a. OMR 7360 1.00 O b. OMR7830 P Flag question O c. OMR 8000 O d. OMR 7930

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