3 years ago

44) Which type of annuity pays an amount per year to you and your spouse until the last one dies?

1 answer:

6 0

The right answer for the question that is being asked and shown above is that: "c. Joint and survivor annuity." The type of annuity pays an amount per year to you and your spouse until the last one dies is that of <span>c. Joint and survivor annuity</span>

You might be interested in

Emma bought an mp3 player and a portable dvd player. these products are called goods because

miv72 [106K]

Goods are things people want
Hope this helps

6 0

3 years ago

_____ leadership is a form of leadership in which the leader solicits input from subordinates.

AlladinOne [14]

Answer: "Democratic"
____________________________________

3 0

3 years ago

Read 2 more answers

_____ is a career typically requiring a certificate from a vocational school program.

Dovator [93]

Lawyer is a career typically requiring a certificate from a vocational school program.

4 0

3 years ago

Read 2 more answers

Suppose someone borrows $552,000 today to buy a house in Davis, CA. If the annual interest rate is 4%, with monthly compounding,

galina1969 [7]

Answer:

Monthly Repayment on Loan = $2634.06

Explanation:

given data

principal = $552,000

annual interest rate = 4% = 0.333% monthly

solution

for get here fair value monthly mortgage payment we consider here time period is 30 year = 360 months

so now we apply here Monthly Repayment on Loan formula that is

Monthly Repayment on Loan = principal × $\frac{r(1+r)^t}{(1+r)^t -1}$ .................1

put here value and we get

Monthly Repayment on Loan = 552000 × $\frac{r(1+0.333)^{360}}{(1+0.333)^{360} -1}$

Monthly Repayment on Loan = $2634.06

4 0

3 years ago

Economic analysis is used only by policy makers to make policy decisions. only by business people to raise profits. only by inst

Free_Kalibri [48]

Answer:

The correct answer is: in all decision making.

Explanation:

Economic analysis is used in all walks of life, in decision making. It is not only relevant for policymaking or in business or for students. Rather, it is used in day to day life as well.

Almost all the decision we make is based on cost-benefit analysis. It used by households and individuals for utility maximization. It is used by businesses for profit maximization and is used by policy makers for welfare maximization.

5 0

3 years ago