Answer:
The human life value approach looks forward for information.
and
The capitalization of income approach looks at right now only for information.
Explanation:
A life insurance is a form of agreement entered into by an individual and an insurance firm whereby some amount is to be paid to the next of kin of the individual under the insurance. It can also be in the form of payment of bills in the case of the illness of the individual under insurance.
The individual either pays in batches or a one time payment to the insurance agency.
The individual current value is normally considered in analysing his assets and income.
Answer:
$100,000 and $97,368
Explanation:
In this question we compare the cost between the two options available i.e shown below:
First options
Collect today for $100,000
Second options, the present value is
= Annual cash flows × PVIFA factor for 10% at 7 years
= $20,000 × 4.8684
= $97,368
So the present value of the first option is $100,00
0
And, for the second options it is $97,368
Answer:
$7052.13
Explanation:
We can calculate the present value of money equivalent of $8,250 two years later by applying present value formula
DATA
Future value = $8,250
Interest rate = 4%
Number of periods = n = 2 years x 2 times a year = 4 times
Present value =?
Solution
PV = 
PV = ×\
PV = $7052.13
Answer:
Hello your question lacks the required spreadsheet attached below is a spreadsheet and the completely filled spreadsheet
Explanation:
Amortization = 140,000 / 20 = 7000
average service life = 20
<em>The missing amounts are </em>
service cost = $104
gain on PBO = $28
prior service cost = $0
expected return on plant assets = $ 46.40
loss on assets = $16
cash funding = $88
retirees benefits = $50
prior service cost = $14
interest cost = $42
Answer:
A. Milk
I hope this helps,if not sorry