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omeli [17]
2 years ago
14

Pam retires after 28 years of service with her employer. She is 66 years old and has contributed $42,000 to her employer's quali

fied pension fund. She elects to receive her retirement benefits as an annuity of $3,000 per month for the remainder of her life. The number of anticipated monthly annuity payments from the IRS table is 210.
Click here to access Exhibit 4.1 and Exhibit 4.2.

a. Assume that Pam retires in June 2015 and collects six annuity payments this year. What is her income from the annuity payments in the first year?
$ .__________________

b. Assume that Pam lives 25 years after retiring. What is her income from the annuity payments in the twenty-fourth year?
$ ._______________

c. Assume that Pam dies after collecting 160 payments. She collected eight payments in the year of her death. What are Pam's income and deductions from the annuity contract in the year of her death?
Income from the annuity payments: $ ___________________
Loss deduction: $ __________
Business
1 answer:
storchak [24]2 years ago
5 0

Answer:

Explanation:

Income from the annuity payments in the first year?

Exclution per payment = Total contribution to pension fund/ Number of anticipated monthly annuity payments = 42,000/210 = 200

Collects payments in 2015 = 6*3,000=18,000

Exclusion for capital recovery = 6*200 = 1,200

Net Income = 18,000-1,200 = 16,800

What is her income from the annuity payments in the twenty-fourth year?

3,000*12 = 36,000

What are Pam's income and deductions from the annuity contract in the year of her death?

Income from annuity payments = 3000 x 8 months = 24000

Loss deductions = 3000 x 4 months = 12000

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Answer and Explanation:

There are two main pricing objective and strategy i.e competitive pricing and penetrative pricing which are explained below:

1. Competitive pricing :

In this Agatha's Inc, all five rivals should evaluate pricing models for a related kind of product. If your product has a little more value added than your collegaues, then you can establish a target price target that is higher than the competitors.  

Now to do that, it's necessary to send the customer a message that they're purchasing value for a price.

2. Penetrative pricing :

When the target price is set on the basis of the competitive pricing model , it is important to obtain the product favourably from the consumer and to do so you can start selling a little lower than the target price and sell the goods as a discount or promotional deal.

If the initial sales are strong and buyers like the product then return the product to target pricing and do intensive marketing to sell the message that the product 's cost is a bargain for the value provided by the company.

The mixture of the above two pricing strategies would ensure a better positioning of Agatha's Inc product with better profitability.

3 0
3 years ago
2.1 Assuming that data mining techniques are to be used in the following cases, identify whether the task required is supervised
Gelneren [198K]

Answer:

Data Mining Techniques

Identification of whether the task required supervised or unsupervised learning:

a. supervised learning

b. supervised learning

c. supervised learning

d. supervised learning

e. supervised learning

f. unsupervised learning

g. unsupervised learning

h. supervised learning

Explanation:

There are supervised and unsupervised machine learning models.  In a supervised learning model, the algorithm evaluates a labeled dataset by comparing it with another dataset called the training data.  The purpose is to evaluate its accuracy on the training data. On the other hand, an unsupervised model uses the unlabeled dataset and tries to make sense of it by extracting non-existing features and patterns without the training dataset.

3 0
3 years ago
During regular operating hours, passengers of Fly-Hi airlines arrival at the airport at the average rate of 190 per hour (Poisso
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Answer:

The minimum number of staffs that could be hired is 4

The optimal number of stuff is 6 and  The total cost per hour is $114.14

Explanation:

Average arrival rate, λ = 190 per hour

Average service rate, μ = 1 in 1 minute = 60 per hour

The minimum number of servers required for a stable queuing system

= λ/μ

= 190/60

= 3.167

Therefore, The minimum number of staffs that could be hired is 4.

s             P0               Lq              Server cost per hour = s*18

4            0.029         2.210                      72  

5            0.039  0.483                      90

6            0.041          0.137                       108  

Waiting cost per hour = Lq*45   Total cost per hour

              99.44                                            171.44

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               6.14                                               114.14

The total cost is optimal for s = 6.

Therefore, The optimal number of stuff is 6 and  The total cost per hour is $114.14

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Korolek [52]
A! Hope this was helpful for you.
7 0
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