Answer:
Since the actual performance of the separate account is actually higher than the assumed interest by 1 %, this means that K will be paid 1% more on the value of his/her annuity account.
Explanation:
An annuity account is a policy holder's investment account where the insurance company invests on behalf of the annuitant. The insurance company determine an assumed interest rate that will cover for the insurance company costs and the profit margin that will be paid to the annuitant periodically.
Annuity interest help investors plan for retirement income since the annuitant knows how much they expect to receive upon maturity of the policy. Knowing how to calculate the value of an annuity can also help investors to consider other investment options.
An assumed interest rate that is determined by the insurance company. This is the value of the annuity account and the annuitant should not be paid below the value of this rate. The actual interest rate is the actual performance of the investment in the market. If this rate increases, then the value of payment to be made to the annuitant also increases.
In our case, the actual performance of the separate account is actually higher than the assumed interest by 1 % this means that K will be paid 1% more on the value of his/her annuity account.
The answer to your question is c
Answer:
I envision myself 10 years from now in a beautiful 2 story house. A nice luxury sports car, and I envision myself being a Real Estate agent.
I would like to be Independent, and learn what is it like to live on my own. And learn new things. I will need to pay for things like: Electricity, Gas, Water, and food. I'll need a stable job, and a reliable car.
It would cost around 1,200$ each month.
It would be 14,400, without taxes.
It's about 15,000 dollars compared to my 14,400 for necessities. So if I work Minimum wage I could afford to live. I would make 600$ less though.
I will be within my Budget, I will be able to afford everything that I need.
I could learn from others who have been successful in their life. And I could work my way up into a company, or make my own based off of the knowledge that I gained from learning from others.
If I stick to a budget, I will have money left over. And it will teach me to be more responsible with my money and it will also teach me to save.
Whenever I could.
Explanation: You can change it, if you want.
Answer:
Interceptors, Inc.
Cash flow from financing in 2018:
$71
Explanation:
a) Data and Calculations:
2015 2016 2017 2018
Cash $ 54 $ 78 $ 102 $ 126
Cash from operations $ 146 $ 144 $ 141 $ 136
Net capital spending $ 178 $ 173 $ 178 $ 183
Cash from financing $ 56 $ 53 $ 61
2015 2016 2017 2018
Cash at the beginning $30 $54 $78 $102
Cash from operations $ 146 $ 144 $ 141 $ 136
Cash from financing $ 56 $ 53 $ 61 $ 71
Net capital spending ($ 178) ($ 173) ($ 178) ($ 183)
Cash $ 54 $ 78 $ 102 $ 126
Cash from the beginning for 2015 = (Cash at the end plus net capital spending) minus (Cash from operations plus cash from financing)
= /$30 ($54 + $178) - ($146 + $56)
Cash from financing in 2018 = (Cash at the end plus net capital spending) minus (Cash from operations plus cash at the beginning)
= $71 ($126 + $183) - ($136 + $102)
Answer:
260 million. The answer is not in the available options.
Explanation:
Projected benefit obligation as at January 01, 2018 250
Add: Service cost 30
Add: Interest Cost (250*6%) 15
Less: Retiree benefits paid 35
Projected benefit obligation as at December 31, 2018 260
