Explain disregard salary increases and interest

Assignment Help Other Subject
Reference no: EM133232214

All public employees pay 2% of their annual income to the pension fund. This is money you gradually get back as a pensioner. Ole has an annual income of NOK 700,000. How much does he pay into the pension fund each year? Ole has paid this in for 40 years. Ole will retire when he is 67 years old, and the life expectancy for men is 82 years. The pension must be paid evenly over the expected remaining years of life. How much does he receive from the pension fund each year? In this assignment, we disregard salary increases and interest.

Reference no: EM133232214

Questions Cloud

Explain social ecological model : 1. please describe whether the Social Ecological Model or the Theory of Planned Behavior provides the most effective way to explain and improve health-related b
Simplified version of the grossman model : Suppose utility is U(Ht,Zt) = Zt ×Ht. The production function for health is Ht = Mt + Ht-1 and production for the home good is Zt = Jt (Hint: Notice these are n
Explain different types of payers : The healthcare system has been continually evolving in the United States, and change is the only constant. Nevertheless, distinctions remain between different t
Slope of the new budget equation : Suppose that a budget equation is given by p1x1 + p2x2 = m. The gov- ernment decides to impose a lump-sum tax of u, a quantity tax on good 1 of t, and a quantit
Explain disregard salary increases and interest : All public employees pay 2% of their annual income to the pension fund. This is money you gradually get back as a pensioner. Ole has an annual income of NOK 700
Episode focusing on interpersonal relationships : For this assignment, a film or tv show/episode focusing on interpersonal relationships. After watching this film or tv show/episode, you will analyze and critiq
How do economists explain human behavior through studies : How do economists explain human behavior through their studies?
Discuss a significant demographic trend : Name and discuss a significant demographic trend and discuss the effect that it might have on employment law in the future.
Reallocate production between period and period : Assume the market for crude oil is perfectly competitive with no externalities and the volume of total reserves is fixed and known. (These are the assumptions i

Reviews

Write a Review

Other Subject Questions & Answers

  Create a plan a local event in your area

In your opinion, what are the most important aspects that meeting and/or event planners must take into consideration when planning a special event?

  Implementation memo guide-rural education program

You are the mayor of a small rural town. You have just received a large federal grant to fund a daycare program for unwed teenage mothers. The intent of the mandated program is to allow these mothers to continue their education.

  What are the two major functions of the urinary bladder

What are the two major functions of the urinary bladder? What characteristics of the glomerular capsular membrane permit filtration

  Closed stratification system

In your response be sure to identify one sociological dimension of stratification in the United States than might make for a closed stratification system.

  Is it courageous to act as luther

Martin Luther wrote, "I would never have thought that such storm would rise from Rome over one simple scrap of paper". Do you think you would have courage to act as Luther did?

  How each of the concepts applies to the video

BA1200 Foundations of Business. Students will evaluate the video and explain how each of the concepts applies to the video, so choose the video carefully.

  Erikson gould helson and levinson give different

erikson gould helson and levinson provide different perspectives on middle age in adulthood.describe each of these

  Identify the ethical principles

Describe a situation in which you had to make a difficult ethical decision in the workplace. It might have been the decision not to do something.

  Explain what is the role of state-based action coalitions

Explain what is the role of state-based action coalitions and how do they advance goals of the Future of Nursing: Campaign for Action?

  Do research to prepare for your presentation

As noted in the EEOC tutorial (located in this week's lesson), candidates for the Director of HR position of the newly merged company.

  Identify the stakeholders impacted by the project

Identify the stakeholders impacted by this project. Explain the patient outcome(s) or patient-care efficiencies this project is aimed at improving and explain.

  How will the project be managed

The methodology section is one of the core components of the grant. This section is concerned with addressing the question: "How will you carry out the project?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd