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A universal life policy provides a death benefit equal to the account value plus 50 000. Monthly premiums are 3000. There is a monthly expense charge of 100 and a further charge of 4% of each premium. The annual credited interest rate is 8%. The account value at the end of the 73rd month is 49 200. The monthly cost of insurance for the following month is 20 per 1000 and is computed at an annual interest rate of 4%. There is a corridor requirement which specifies that the death benefit must be at least twice the account value. Find AV74 and COI73.
Do students at various colleges differ in how sociable they are? Twenty-five students were randomly selected from each of three colleges in a particular region and were asked to report on the amount of time they spent socializing each day with other ..
The data from the drive quality tests conducted at DataStor over the past 150 shifts are contained in the file DATASTOR. The Data Description section contains a description of this data file.1.
Here is a method called accept-reject sampling for drawing observa- tions from a distribution.
The population standard deviation is known to be 8 minutes. create a hypothesis test to determine if the mean commute time does in fact exceed 40 minutes.
a recent survey reported that in a sample of 300 students who attend two-year colleges 105 work at least 20 hours per
a statewide real estate agency farm associates specializes in selling farm property in the state of nebraska. its
An experiment was carried out to assess the impact of the variables x1 = force(gm), X2 = power (mW), x3 = temperature (C) and x4 = time (msec) on y = ball bond shear strength (gm). The results are given in the problem 5 Excel data file.
question 1suppose the value of investment properties is normally distributed witha mean of 550000 and a standard
The probability that more than 6 planes arrive in the next minute is _____.
a researcher wants to perform a hypothesis test to determine whether the mean length of marriages in california differs
1.which slope is more significant when i am predicting the selling price of homes based on the size of the home?a. 64
in an experiment to study the effect of a particular drug on the number of errors in the maze-learning behavior of rats
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