User Account

All Pages

What is the value of the insurance policy today

Assignment Help Accounting Basics
Reference no: EM133118309

Question - You are the beneficiary of an insurance policy that will pay you of £641 a month for ten years. You can earn 6.5% per annum on your money. What is the value of the insurance policy today?

a. 56,451.91

b. 9,856.39

c. 4,608.04

d. 6,223.10

Reference no: EM133118309

Questions Cloud

How much is the share of maricar in the net income : Remainder is to be shared in the ratio 60:40 for Maricar and Lance, respectively. How much is the share of Maricar in the net income
Forward interest rate for the second year : Suppose that zero interest rates with continuous compounding are as follows:
What is the correct arbitrage strategy : Suppose that the six month risk-free interest rate is 8% per annum with continuous compounding and that the dividend yield on a stock index is 2% per annum.
Case study - nokia-building a powerful technology brand : Case Study - Nokia-Building a Powerful Technology Brand - Nokia brand name affects the market of other brands'. Explain
What is the value of the insurance policy today : You are the beneficiary of an insurance policy that will pay you of £641 a month for ten years. What is the value of the insurance policy today
What is the equity cost of capital : You own shares of Smith Brothers Ltd. The stock price is currently $22.01 and the annual dividend of $0.30 was just paid out earlier today.
Business plan is to develop business model : An integral part of the business plan is to develop a business model. Simply put, a business model describes how a company plans to make money.
How is counterparty risk mitigated in futures markets : How is counterparty risk mitigated in futures markets? Start by defining counterparty risk and then give an example of how this risk is mitigated in the futures
Banking entities and nonfinancial companies : How does the Volcker Rule of the Dodd-Frank Act of 2010 restrict banking entities and nonfinancial companies supervised by the Federal Reserve?

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the carrying amount of the goodwill

What is the carrying amount of the goodwill relating to the unit immediately after the results of the impairment review have been reflected

  What are the effects on equities

What are the effects on equities? Financial Statement Effect of Equity Securities

  Persuasive argument to help them see more possibilities

Your uncle is working in a company managing their investment center. You approach him with the sales of a large piece of equipment that can help the company save money in the end. Your uncle explains to you that they can't purchase the equipment b..

  What would have been dominions journal entry

What would have been Dominion's journal entry to reflect the fair value of the investments?

  By what percentage can the number of oil changes

If the current level of oil changes is 6600, by what percentage can the number of oil changes decrease before Jim has to worry about having a net loss?

  Luthan company uses a predetermined overhead rate of 2230

luthan company uses a predetermined overhead rate of 22.30 per direct labor-hour. this predetermined rate was based on

  What was the official ruling of the case

What was the official ruling of the case, for example what were the penalties, punishments, and/or remediations made against the company

  What line item amounts related to the lease would builders

What line item amounts related to the lease would Builders report in its income statement for the year ended December 31, 2021 (ignore taxes)?

  By how much will fcf increase

A company has $20 million in cost of goods sold and an inventory turnover ratio of 2.0. By how much will FCF increase

  What is Wendy Wisconsin sale numerator

The Michigan sales are shipped from Wisconsin (a throwback state) $100,700 of the Wisconsin sales, What is Wendy Wisconsin sale numerator

  What categories of inventory does the company show

What categories of inventory does the company show in its inventories footnote under "Notes to Consolidated Financial Statements"?

  Explain apparent contradiction between loss and cash flows

On its statement of cash flows, it reported $457 million of cash flows from operating activities. Explain apparent contradiction between loss and cash flows

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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