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3 years ago

Why would term life insurance costs be different for two people who are the same age

Business

2 answers:

natita [175]3 years ago

5 0

Answer:

Male vs. Female have different rates with males being higher because they are more likely to need the insurance. Other factors that may be different are if the person has needed to use the insurance before. That person's rates will be higher than the other person the same age.

geniusboy [140]3 years ago

3 0

Answer:

There are different factors that play into the costs.

Explanation:

For example, if you are a male, you tend to be more reckless. It also depends on the job you would be working at.

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Assume that Amazon has a stock-option plan for top management. Each stock option represents the right to purchase a share of Ama

Kryger [21]

Explanation:

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Aerotron Electronics is considering the purchase of a water filtration system to assist in circuit board manufacturing. The syst

tino4ka555 [31]

Answer:

Explanation:

Annual worth: this will be the annuity payment equivalent to all the cashflow of the investment. Thus the PMT of the net present value

Cash Investment at F0: 230,000/2 = 115,000

present value of 7,500 salvage value:

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 7,500.00

time 7 years

MARR: 10% = 0.1

$\frac{7500}{(1 + 0.1)^{7} } = PV$

PV 3,848.69

Then, we need to calculate the present value of the loan discounted at 10%

half the investment is finance: 230,000 / 2 = 115,000

Then, this capitalize 2 year at 8% before the first payment:

$Principal \: (1+ r)^{time} = Amount$

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time 2 year

MARR: 10% = 0.08000

$115000 \: (1+ 0.08)^{2} = Amount$

Amount 134,136.00

Now we need to discount this loan at 10% which is our rate of return:

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 134,136.00

time 2.00

MARR: 10% = 0.1

$\frac{134136}{(1 + 0.1)^{2} } = PV$

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Last step, we calculate the PMT of the present worth:

$PV \div \frac{1-(1+r)^{-time} }{rate} = C\\$

PV 222,007.51

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MARR: 10% = 0.1

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C $ 45,601.564

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3 years ago