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Alika [10]
3 years ago
9

Which describes a financial product offered by insurance companies that, in return for an investment, provides fixed payments ea

ch month for a certain amount of time?
A. Lifetime annuity
B. Stock investment
C. Period annuity
Mathematics
2 answers:
Alborosie3 years ago
7 0

Answer:

Lifetime Annuity

Step-by-step explanation:

adelina 88 [10]3 years ago
5 0

Answer:

Period annuity is the answer.

Step-by-step explanation:

Period annuity or fixed period describes a financial product offered by insurance companies that, in return for an investment, provides fixed payments each month for a certain amount of time.

A period annuity pays income to the person for a specified period of time like ten years. The payments depend on the amount paid into the annuity and the length of the payout period.

Whereas, the lifetime annuity provides income for the remaining life of the person.

Therefore, period annuity or fixed period annuity is the answer.

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A manufacturer of college textbooks is interested in estimating the strength of the bindings produced by a particular binding ma
stepladder [879]

Answer: 196

Step-by-step explanation:

As per given , we have

Population standard deviation: \sigma=0.6\ lb

Significance level : \alpha: 1-0.98=0.02

Using the z-value table , the critical z value for 98% confidence : z_{\alpha/2}=2.33

Margin of error : E= 01 lb

Sample size : n=(\dfrac{z_{\alpha/2}\cdot\sigma}{E})^2

n=(\dfrac{(2.33)\cdot(0.6)}{0.1})^2

Simplify , we get

n=195.4404\approx196

Hence, the minimum sample size required for books = 196

8 0
3 years ago
Harvey the wonder hamster can run 3\dfrac16 \text{ km}3 6 1 ​ km3, start fraction, 1, divided by, 6, end fraction, start text, s
Snowcat [4.5K]

Answer:

Speed = \frac{38}{3}km/hr

Step-by-step explanation:

Given

Distance = 3\frac{1}{6}km

Time = \frac{1}{4}hr

Required

Determine the average speed

Average speed is calculated as thus;

Speed = \frac{Distance}{Time}

Speed = 3\frac{1}{6}/\frac{1}{4}

Speed = 3\frac{1}{6} * \frac{4}{1}

Convert Mixed Fraction to Improper fraction

Speed = \frac{19}{6} * \frac{4}{1}

Speed = \frac{19 * 4}{6 * 1}

Speed = \frac{76}{6}

Divide both sides of the fraction by 2

Speed = \frac{38}{3}

Hence:

The speed is:

Speed = \frac{38}{3}km/hr

3 0
3 years ago
-4x=42 what does the x stand for
tresset_1 [31]

Answer:x=-10.5

Step-by-step explanation:

7 0
4 years ago
Read 2 more answers
Write in interval notation all numbers greater than or equal to -8
lesya [120]

Answer:

Are there any more numbers so we can sort them?

8 0
3 years ago
A population is increasing 4% per year. Identify the growth factor that could be used to model the population.
polet [3.4K]

The growth factor that could be used to model the population will be 1.04. Then the correct option is D.

<h3>What is an exponent?</h3>

Consider the function:

y = a (1 ± r) ˣ

Where x is the number of times this growth/decay occurs, a = initial amount, and r = fraction by which this growth/decay occurs.

If there is a plus sign, then there is exponential growth happening by r fraction or 100r %.

If there is a minus sign, then there is exponential decay happening by r fraction or 100r %.

The population is increasing by 4% per year.

Then the growth factor that could be used to model the population will be

Growth factor = (1 + 4%)

Growth factor = (1 + 0.04)

Growth factor = 1.04

The growth factor that could be used to model the population will be 1.04.

Then the correct option is D.

More about the exponent link is given below.

brainly.com/question/5497425

#SPJ1

5 0
2 years ago
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