Payment is a type of annuity that comprises of equal financial flows that happen at regular periods and last forever.
Describe an annuity.
The goal of nationwide annuities is to increase your retirement income. They are long-term agreements with an insurance provider where you put money. You receive income in the form of recurring payments as compensation for your investment.
many annuity types
There are several different annuity product categories to pick from. Your financial professional can design a strategy to fit your unique objectives, whether you're searching for income possibilities, tools for legacy planning, or spousal protection.
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Answer:
b. adult literacy; infant mortality
Explanation:
Multiple choice <em>"life expectancy; internet usage
; adult literacy; infant mortality
; infant mortality; adult literacy
; access to clean water; life expectancy"</em>
<em />
Higher real GDP per capita would imply higher literacy rate and at the same time lower infant mortality as citizens would invest more in health and education. All the other options are wrong as higher real GDP per capita cannot lead to lower life expectancy or literacy rate.
Answer:
The correct answer is *to provide a place for people to trade goods and services
Explanation:
trading can be simply described as the act of exchanging values between parties.
a market is a place where the sellers and buyers meet and trade, in which the buyers buy what they need and want from the sellers at a price both of them can agree upon.
LLC i think that’s the answer
Calculation of equal amount to deposit each year to get the future amount:
It is given that a manufacturer of triaxial accelerometers wants to have $2,800,000 available 10 years from now. So we can say that Future value is $2,800,000. We are also given that the deposit rate is 6% per year.
In order to find out the equal amount to deposit each year we need to calculate the annuity using the future value of annuity formula as follows;
Annuity = Future value of annuity / FV of $1 annuity
FV of $1 annuity (at 6% rate for 10 years) is 13.18079
Hence,
Annuity =2,800,000 / 13.18079 = 212,430.36
Hence , equal amount to deposit each year is $212,430.36
