Answer:
The annual cost to have this annuity is 16.66%
Explanation:
Solution
Given that
You pay an annuity of = $15,000
Annuity pays =$2500 per year
n =10 years
The rate of return = 5%
The estimated inflation is -6% average
Now
We find the annual cost to own this annuity
Thus
We find the real or actual yield given as:
I =PNR
$2500 = $15,000 * 1 * r
So,
R=$2500/$15,000
=0.1666 or 16.66 %
The statement that is true among all the statements that are given in the question is, exhaustible resources are scarce. The correct option among all the options that are given in the question is the fourth option or the penultimate option. I hope that the answer has come to your help.
Hello!
.
The answer to your question is "0.25 to 2".
.
The management fee for most mutual funds ranges between 0.25 to 2 percent.
:)
Answer:
hello,
Explanation:
thanks for the free points!
The property insurance is a general insurance on building which provides the basic coverage for loss or damage resulting from peril including Fire, Lighting and Explosion of domestic gas.
When government subsidized the property insurance, the premium payable by the Insured will reduce or will be zero because the government have chosen the bear the responsibility of paying premium on behalf of the Citizen.
This action of the government may make the insured more unnecessarily relaxed because they did not pay the full premium of the Property insurance themselves.
So therefore, the first option is correct that without government subsidized property insurance, people are more likely to be cognizant of the risks of building and living in fire-prone or flood-prone areas because their insurance costs will be higher.
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