Find the net single premium for a 10-year life annuity due of 25.000€ per year (starting...

Find the net single premium for a 10-year life annuity due of 25.000€ per year (starting at the signature of the contract) issued to a female at her 60th birthday, using an interest rate of 3.5%/year.

Mortality rate can be random. The point is the calculation, excluding any other (rates, numbers etc.) Just working with what is given.

Expert Solution

jeff jeffy answered 1 year ago

Li Life Insurance Company is paying Cora an annuity due of 234 per year for the...

Li Life Insurance Company is paying Cora an annuity due of 234 per year for the next 10 years. Calculate the Modified duration of Cora's annuity at an annual effective interest rate of 8.5%

What is the future value of a 5%, 10 year annuity due that pays $15,000 per...

What is the future value of a 5%, 10 year annuity due that pays $15,000 per year? What is the present value of a 5%, 10 year annuity due that pays $15,000 per year?

1. Alex paid $90,000 for a single-life annuity. He will receive $7,000 per year for 20...

1. Alex paid $90,000 for a single-life annuity. He will receive $7,000 per year for 20 years, his life expectancy according to Treasury Department. How much taxable income from the annuity must he report each year? Show and label calculations. 2. All the following are true about nontaxable employee fringe benefits, except There are no dollar limits on the amount of nontaxable fringe benefits. They are deductible by the employer as business expenses. The fringe benefit plan must be nondiscriminatory....

If you have an annuity due that pays $10,000 annual payments for 10 years starting today,...

If you have an annuity due that pays $10,000 annual payments for 10 years starting today, what is it worth right now if it is discounted at 10%?

Find the accumulate value at the end of year 10 of a 10-year annuity with annual...

Find the accumulate value at the end of year 10 of a 10-year annuity with annual payments which pays $1000 in one year and each subsequent payment is 3% less than the preceding payment. The annual effective rate of interest is 5%. An annuity immediate has semiannual payments with arithmetic progression of 800, 750, 700, . . . , 350, at i(2) = 0.16. Find the future value of this annuity 3 years after the last payment.

Find the present value of a 20 year annuity due where payments are $1, 000 at...

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Would you prefer to receive an annuity due for $5,000 per year for 8 years or...

Would you prefer to receive an annuity due for $5,000 per year for 8 years or otherwise similar ordinary annuity? Interest rate is 7%. Explain numerically.

You are offered an annuity investment that will pay you $ 25,000 per year for 10...

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10. You are offered an annuity that will pay you $200,000 once per year, at the...

10. You are offered an annuity that will pay you $200,000 once per year, at the end of the year, for 25 years. The first payment will arrive one year from now. The last payment will arrive twenty five years from now. Suppose your annual discount rate is ?? = 5.25%, how much are you willing to pay for this annuity? (hint: this is the same as the present value of an annuity.) 11. You would like to develop an...

Addison pays $15,000 for an annuity that will pay $1,000 a year, starting this year. If...

Addison pays $15,000 for an annuity that will pay $1,000 a year, starting this year. If the annuity is for a term of 20 years, how much taxable income will Addison have from the annuity each year? Group of answer choices c. Addison will have $750 of taxable income from the annuity each year. d. Addison will have $1,000 of taxable income from the annuity each year. a. Addison will never have taxable income resulting from annuity distributions. b. Addison...

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