Using the human life value method

Assignment Help Financial Management
Reference no: EM131523381

Using the "Human Life Value" method, how much life insurance should you purchase if you take into account 3% annual inflation over the next 45 years until retirement, an annual income of $61,500 received at the start of each years, and a time value of money of 7%? (Assume 100% income replacement and a marginal tax rate of 15%)

Reference no: EM131523381

Questions Cloud

Calculate the present value of the payments for option : Calculate the present value of the payments for option (a), if the interest rate is 1.00% per month.
Evaluate current global economic conditions : Evaluate current global economic conditions and their effects on macroeconomic indicators in your selected country
Detail the process of how loans undergo securitization : Explain in detail the process of how loans undergo securitization?
What are the benefits of afis as a complete system : What issues and problems may be experienced with the Livescan System? What are the benefits of AFIS as a complete system?
Using the human life value method : Using the "Human Life Value" method, an annual income of $61,500 received at the start of each years, and a time value of money of 7%?
Qualified plan distributions will be subjected : Which of the following qualified plan distributions will be subjected to a 10% early withdrawal penalty?
Explain the significance of various economic theories : Explain the significance and implications of various economic theories pertaining to profit, consumer choice, demand and supply, forecasting and optimization
Do a competitive strength assessment for your company : Do a competitive strength assessment for your company and two other companies that you and your co-managers consider to be very close competitors.
Write a program that implements a recursive algorithm : A Sierpinski Triangle is a fractal formed by drawing a triangle, and then using the midpoints of each side of triangle to form another triangle.

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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