Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Oct 06, 2024

find the NSP of a a temporary 2-years immediate life annuity valued 5,000 per year, for a female aged 25, if i=10%? age annuity px

find the NSP of a a temporary 2-years immediate life annuity valued 5,000 per year, for a female aged 25, if i=10%?

age annuity px qx

25 5000 0.99970 0.00030

26 5000 0.99968 0.00031

Single-answer multiple choice

$10,000

$4,545

$8,676

$9,998.5

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Palgrave Macmillan Understanding Investment Funds Insights From Performance And Risk Analysis

Authors: V. Terraza , H. Razafitombo

1st Edition

1137273607,1137273615

More Books

Students also viewed these Finance questions

Question

★★★★★

A common unit of energy used in atomic and nuclear physics is the electron volt (eV), the energy acquired by an electron in falling through a potential difference of one volt; 1 MeV = 106 eV = 1.602...

Answered: 1 week ago

Question

★★★★★

1. How does value analysis differ from value engineering?

Answered: 1 week ago

Question

★★★★★

Kraft Enterprises owns the following assets at December 31, 2010. What amount should be reported ascash? Cash in bank-savings account Checking account balance Postdated checks Certificates of deposit...

Answered: 1 week ago

Question

★★★★★

S No Item No. of Item Sold MM% Cost Price Selling Price Item Contribution Margin Menu Contribution Margin Popularity Analysis Profitabilty Analysis M E Category 1 Chicken Biryani 220 $13 $28 2 Paneer...

Answered: 1 week ago

Question

★★★★★

3. 10-year, 8% coupon bond that pays interest annually is currently selling for $1,083. What is the yield to maturity of the bond? [The face value of the bond is $1,000]

Answered: 1 week ago

Question

★★★★★

M/s Suba Pharmaceuticals has imported a machinery on 1st July, 2012 for `1,60,000 paid custom duty and freight `80,000 and incurred erection charges ` 60,000. Another local machinery costing...

Answered: 1 week ago

Question

★★★★★

Question 5 a) Departments A, B, C, and D need to be assigned to four rooms 1, 2, 3, and 4. These rooms are arranged in a row, in that order, with 20 meters between each. The departmental workflows...

Answered: 1 week ago

Question

★★★★★

Bob Jonas is a single parent who has been divorced for two years and who provides a home for his 10-year old dependent son. What filing status should Bob use? Select one: a. Married Filing Separate...

Answered: 1 week ago

Question

★★★★★

1. A rigid container contains saturated water at a pressure of 2 bar and a quality of 0.64. The water undergoes a process in which it is heated to a final temperature of 540C. Determine the final...

Answered: 1 week ago

Question

★★★★★

You and two other workers witness two trucks collide on a construction site. One driver is injured and requires first aid. You have no training in applying first aid but know there is a trained first...

Answered: 1 week ago

Previous Question Next Question