Business, 15.11.2019 21:31, moningersavannah

Suppose a 65-year-old person wants to purchase an annuity from an insurance company that would pay $20,900 per year until the end of that person’s life. the insurance company expects this person to live for 15 more years and would be willing to pay 5 percent on the annuity. how much should the insurance company ask this person to pay for the annuity?

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 00:00, jboii11

Choose the list of the best uses for word processing software. lists, resumes, writing a book, and payroll data letters to your friends, resumes, spreadsheets, and school papers resumes, cover letters, databases, and crossword puzzles book reports, letters to your friends, resumes, and contracts

Answers: 2

continue

Business, 22.06.2019 14:20, Champion9701

For the year ended december 31, a company has revenues of $323,000 and expenses of $199,000. the company paid $52,400 in dividends during the year. the balance in the retained earnings account before closing is $87,000. which of the following entries would be used to close the dividends account?

Answers: 3

continue

Business, 22.06.2019 22:20, 0spholbrooks

Mattress wholesalers, inc. is constantly trying to reduce inventory in its supply chain. last year, cogs was $7.47 million and inventory was $1.47 million. this year, cogs is $8.65 million and inventory investment is $1.64 million. a) what was its weeks of supply last ) what is its weeks of supply this ) is mattress wholesalers making progress in its inventory reduction effort? since the number of weeks that cover the supply has mattress wholesalers is making in its inventory reduction effort.

Answers: 3

continue

Business, 23.06.2019 12:30, alevans7144

Which of the following is a tax incentive

Answers: 1

continue

Do you know the correct answer?

Suppose a 65-year-old person wants to purchase an annuity from an insurance company that would pay $...