Business
Business, 29.07.2019 21:30, ayoismeisjjjjuan

Your 30 year old client wants to retire when heis 65 years old, and have a retirement income equivalent to $3,500 per month in today's dollars. we cannot be sure of how longwe live after retirement, but the client wants to be extra careful and save for 30 years of after retirement life. market expectation for average annual inflation for the future is 1.7%. because of inflation, he will need substantially higher retirement monthly income to maintain the same purchasing power. he plans to purchase a lifetime annuity from an insurance company one month before he retires, where the retirement annuity will begin in exactly 35 years (420 months). the insurance company will add a 2.50 percent premium to the pure premium cost of the purchase price of the annuity. the pure premium is actuarial cost of his anticipated lifetime annuity. he has only saved $25,000 so far. he will make the first payment in a month from now and the last payment one month before he retires (a total of 419 monthly payments

answer
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 19:40, farrellandnandi
Which of the following is false regarding the links between jit and quality? a. jit increases the cost of obtaining good quality. b. as quality improves, fewer inventory buffers are needed; in turn, jit performs better. c. jit reduces the number of potential sources of error by shrinking queues and lead times. d. inventory hides bad quality; jit immediately exposes it. e. if consistent quality exists, jit allows firms to reduce all costs associated with inventory.
Answers: 3
image
Business, 22.06.2019 01:20, MendesArmy333
All of the industries and businesses in the country of marksenia are privately owned and sell products at different prices that are not controlled by the government or any other organizational body. consumers in marksenia are free to buy as much of the products as they like from the businesses they want. the country of marksenia has a
Answers: 1
image
Business, 22.06.2019 03:30, rubixcube4786434
< back to assignment attempts: 1 1 keep the highest: 1 / 2 2. determining opportunity cost juanita is deciding whether to buy a suit that she wants, as well as where to buy it. three stores carry the same suit, but it is more convenient for juanita to get to some stores than others. for example, she can go to her local store, located 15 minutes away from where she works, and pay a marked-up price of $102 for the suit: store travel time each way price of a suit (minutes) (dollars per suit) local department store 15 102 across town 30 88 neighboring city 60 65 juanita makes $42 an hour at work. she has to take time off work to purchase her suit, so each hour away from work costs her $42 in lost income. assume that returning to work takes juanita the same amount of time as getting to a store and that it takes her 30 minutes to shop. as you answer the following questions, ignore the cost of gasoline and depreciation of her car when traveling. complete the following table by computing the opportunity cost of juanita's time and the total cost of shopping at each location. store opportunity cost of time price of a suit total cost (dollars) (dollars per suit) (dollars) local department store 102 across town 88 neighboring city 65 assume that juanita takes opportunity costs and the price of the suit into consideration when she shops. juanita will minimize the cost of the suit if she buys it from the . grade it now save & continue continue without saving
Answers: 1
image
Business, 22.06.2019 06:30, dee3874
If the findings and the results are not presented properly, the research completed was a waste of time and money. true false
Answers: 1
Do you know the correct answer?
Your 30 year old client wants to retire when heis 65 years old, and have a retirement income equival...

Questions in other subjects:

Konu
Mathematics, 08.10.2019 23:00