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TiliK225 [7]
3 years ago
14

Gracie owns a deferred annuity. The contract is tied to a market index, which was at 1000 when Gracie purchased the product and

reached 1250 five years later at the end of the contract's crediting term. The 25 percent index gain is the basis for the amount of interest credited to the contract. What kind of annuity does Gracie own?
Mathematics
1 answer:
pashok25 [27]3 years ago
6 0

Answer:

Point to point indexed annuity.

Step-by-step explanation:

An indexed annuity is linked to specific index performance. Point to point indexed annuity is the one which gives interest on the basis of index percentage change. The interest credit is calculated by taking the percentage change between the beginning and end points of the index.

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I will give 5 points
ikadub [295]

Use the sum of cubes factoring rule

a^3 + b^3 = (a+b)(a^2 - ab + b^2)

to transform the left hand side into the right hand side.

\frac { \sin^{3} \theta + \cos^{3} \theta } { \sin \theta + \cos \theta } = 1 - \sin \theta \cdot \cos \theta\\\\\frac { (\sin \theta + \cos \theta)(\sin^2 \theta - \sin \theta \cdot \cos\theta + \cos^2 \theta) } { \sin \theta + \cos \theta } = 1 - \sin \theta \cdot \cos \theta\\\\

\sin^2 \theta - \sin \theta \cdot \cos\theta + \cos^2 \theta = 1 - \sin \theta \cdot \cos \theta\\\\(\sin^2 \theta + \cos^2\theta)- \sin \theta \cdot \cos\theta = 1 - \sin \theta \cdot \cos \theta\\\\1- \sin \theta \cdot \cos\theta = 1 - \sin \theta \cdot \cos \theta \ \ \checkmark\\\\

Throughout the entire process, the right hand side stayed the same.

On the last step, I used the pythagorean identity.

8 0
2 years ago
What should your units on your base area calculations be, and why? How is this different from the units on your volume calculati
horsena [70]

Answer:

For area, square unit is used as the area is calculated using two dimensions length and breadth.

For volume, cubic unit is used as the volume is calculated using three dimensions length, breadth and height.

Step-by-step explanation:

Area refers to the space occupied by a two dimensional flat object in a plane. For area, square unit is used as the area is calculated using two dimensions length and breadth.

Volume is defined as the space occupied by the three-dimensional object. For volume, cubic unit is used as the volume is calculated using three dimensions length, breadth and height.

7 0
3 years ago
Is 7766 a even number ?
fiasKO [112]

Answer: Yes.

Step-by-step explanation: If a number ends in 0, 2, 4, 6, or 8, the number even number.

6 0
3 years ago
I don’t get the second question.
tatyana61 [14]

it should be 3+(-7)  because look at the number closest to the number line, which is positive 3 then the number next to it is negative 7 because it is heading downward towards the opposing side.  

8 0
3 years ago
What does B.O.D.M.A.S. or B.E.D.M.A.S. mean?
kakasveta [241]
B E D M A S  MEANS BRACKETS EXPONENTS DIVISION MULTIPLICATION ADDITION AND SUBTRACTION
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3 years ago
Read 2 more answers
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