Solved: How much will have to pay for the policy, Finance Basics

+44 141 628 6080
[email protected]

How much will have to pay for the policy

The Live Forever Life insurance company is attempting to sell you and your family a policy that will pay you $18,600 a year indefinitely. If the required rate of return was 6.3%, how much will you have to pay for the policy? Not understanding with the indefinitely?

Solution Preview :

Prepared by a verified Expert

Finance Basics: How much will have to pay for the policy

Reference No:- TGS0670263

Now Priced at $5 (50% Discount)

Recommended (91%)

Rated (4.3/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Finance Basics

Q : Determining the average receivables balance

Dyl Pickle Inc. had credit sales of $3,600,000 last year and its days sales outstanding was DSO = 35 days. What was its average receivables balance, based on a 365-day year.

Q : How much will net operating income change

Cindy, Inc. sells a product for $10 per unit. The variable expences are $6 per unit, and the fixed expenses total $35,000 per period. By how much will net operating income change if sales are expected to increase by $40,000?

Q : Undergraduate degree in nutrition and food science

Please respond to the following questions in a typed, double spaced, and academically written document. The length of your response should be between 400-600 words. When did you receive you undergraduate degree? What was your area of stud?

Q : Determining the present value of inheritance

Pam Gregg is expecting cash flows of $50,000, $75,000, $125,000, and $250,000 from an inheritance over the next four years. If she can earn 11 percent on any investment that she makes, what is the present value of her inheritance?

Q : How much will have to pay for the policy

If the required rate of return was 6.3%, how much will you have to pay for the policy? Not understanding with the indefinitely?

Q : Determine the required rate of return

If you buy a life insurance policy for $924,201.10, that pays you $36,000 a year indefinitely. What is the required rate of return?

Q : What are the three categories of sfas 115

What are the three categories of SFAS 115? How do we treat unrealized gains and losses under each method? After that let's research SFAS 135

Q : Calculate the discounted payback period

A project has annual cashflows (including the initial year) of -90,000, 55,000, 65,000, 65,000, 50,000, and 50,000. Calculate the discounted payback period for this project if the discount rate is 11% Enter your answer with 2 decimals

Q : What percentage of students who have done

Consider a multiple-choice examination with 50 questions. Each question has four possible answers. Assume that a student who has done the homework and attended lectures has a 75% probability of answering any question correctly.

1923075

Questions
Asked

3,689

Active Tutors

1426182

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Solution Preview :

Prepared by a verified Expert

Finance Basics: How much will have to pay for the policy

Reference No:- TGS0670263

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : Determining the average receivables balance

Q : How much will net operating income change

Q : Undergraduate degree in nutrition and food science

Q : Determining the present value of inheritance

Q : How much will have to pay for the policy

Q : Determine the required rate of return

Q : What are the three categories of sfas 115

Q : Calculate the discounted payback period

Q : What percentage of students who have done

Medication for postoperative nausea and vomiting

Child prescribed prednisone for exacerbation of asthma

What if a parent of hispanc origin informs nurse of plans

How health care reimbursement is delivered

How to improve overall health of elementary school children

How would you instruct the patient to taper off clonazepam

How to prevent interference with an intravenous infusion

Solution Preview :

Prepared by a verified Expert

Finance Basics: How much will have to pay for the policy

Reference No:- TGS0670263

Recent Questions Asked Finance Basics

Q : Determining the average receivables balance

Q : How much will net operating income change

Q : Undergraduate degree in nutrition and food science

Q : Determining the present value of inheritance

Q : How much will have to pay for the policy

Q : Determine the required rate of return

Q : What are the three categories of sfas 115

Q : Calculate the discounted payback period

Q : What percentage of students who have done

Asked Questions