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You plan to retire when you are 65th years old. You are now 25 years old. You plan to buy a pension annuity that will pay you $100,000 per year starting one year after you turn 65 and continuing until you celebrate your 80th birthday. The pension plan requires you make equal quarterly contributions starting one quarter after your 25th birthday and until you have reached your 65th birthday. If the interest rate assumed throughout this plan is 4% per year, what is the quarterly contribution (or policy premium)?
ANSWER: Quarterly premium _____________
A speaks truth in 80% of the cases and B speaks truth in 60% of the cases. Find out the probability of the cases of which they are possible to contradict each other in stating sim
What is Plotting Points? To "plot" or "graph" values means to find points on a number line. The numbers four, negative two, negative three, zero, two, and negative four are bei
Q. Define Combined Functions? Ans. We are often interested in functions which combine a trigonometric function with another type of function. For example, y = x + sinx wi
Aim: To test the significant relationship between the accounting ratios of operating management and standard ideal ratios. Null Hypothesis(H 0 ) : There is no significa
mulply # fraction
Give the Definition of Logarithms ? A logarithm to the base a of a number x is the power to which a is raised to get x. In equation format: If x = ay, then log a x = y.
1) Find the maxima and minima of f(x,y,z) = 2x + y -3z subject to the constraint 2x^2+y^2+2z^2=1 2) Compute the work done by the force ?eld F(x,y,z) = x^2I + y j +y k in moving
the variables x and y are thought to be related by a law of the form ay^2=(x+b)lnx Where a and b are unknown constants. Can a and b be found and how.
A computer is programmed to scan the digits of the counting numbers.For example,if it scans 1 2 3 4 5 6 7 8 9 10 11 12 13 then it has scanned 17 digits all together. If the comput
E1) Why do we shift the place by one, of the result in the second row of the calculation, when we multiply, say, 35 by 237 E2) Write down the algorithm for the multiplication of
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