Find sixth terminal reserve for an 8 year endowment policy

Assignment Help Financial Management

Reference no: EM131307006

1. Find the natural premium for an 81-year-old woman who purchases a $50,000 insurance policy.

2. Use the prospective method to find the sixth terminal reserve for an 8-year endowment policy of $2,000 issued to a 30-year-old woman.

Reference no: EM131307006

Questions Cloud

Design a voltage-divider biased common source amplifier : Design a voltage-divider biased common source amplifier with no bypass to the following specifications: Av(overall) = -3, Rsrc = 30 kΩ, Rin = 300kΩ, RL = 1.5 kΩ, VGS(off) = -3V, IDSS = 15 mA, VDD = 24V Design for midpoint operation.

How much would the insurance reimbursement be : How much would the insurance reimbursement be for a television system damaged by fire if it was purchased 2 years ago for $6,000 and has a life expectancy of 5 years?

Determine the amount that b should be raised : The properties given in the box below are for the whole Ibeam. The position of the centroid of the half-section (relative to the top of the section) is shown in the figure.

Calculate how much life insurance is needed for jackie : Use the needs approach method to calculate how much life insurance is needed for Jackie, who receives $50,000 gross income, and pays $8,000 in taxes and deductions.

Find sixth terminal reserve for an 8 year endowment policy : Use the prospective method to find the sixth terminal reserve for an 8-year endowment policy of $2,000 issued to a 30-year-old woman.

What would be the annual premium : Find the cost of a $95,000 endowment policy that has a 10-year term for a 57-year-old woman.- What would be the annual premium for a $150,000 endowment policy for 7 years for a 68-year-old man?

How much will the annual premium be : Suppose that Blake wants to pay his premium annually during the policy term. How much will the annual premium be?

How much will each annual premium be : If Sandra changes her mind toward having the premium paid in only six annual payments, how much will each annual premium be?

Process is proven capable before developing statistical : Why is it important to prove that a process is proven capable before developing statistical control limits (i.e., SPC charts)?

User Account

All Pages