If the annuity rate is 305 percent how much can he expect, Financial Management

+44 141 628 6080
[email protected]

If the annuity rate is 305 percent how much can he expect

A 65-year-old person has saved $2.9 millions and wishes to receive 18 annual annuity payments, beginning in one year. If the annuity rate is 3.05 percent, how much can he expect to receive per year? Answer format: Keep two decimal places. Do not use dollar sign or thousands separators.

Request for Solution File

Ask an Expert for Answer!!

Financial Management: If the annuity rate is 305 percent how much can he expect

Reference No:- TGS02412195

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Financial Management

Q : Calculate the following time value of money problem explain

calculate the following time value of money problems a if i am to receive 10000 in 5 years and given a 5 rate of return

Q : Analyze one court case that changed police procedures and

mid-term exam question 1name the three 3 separate government components that make-up the us criminal justice system and

Q : Consider a fluid with a prandtl number of 7 flowing through

question consider a fluid with a prandtl number of 7 flowing through a smooth circular tube using the colburn petukhov

Q : Cits5502 software processes -nbsp assignment two -

the process had two stages finding defects and fixing defects the table represents the rate of finding defects by one

Q : If the annuity rate is 305 percent how much can he expect

a 65-year-old person has saved 29 millions and wishes to receive 18 annual annuity payments beginning in one year if

Q : Water is to be heated from 10c to 80c as it flows through a

question water is to be heated from 10degc to 80degc as it flows through a 2-cm-internal-diameter 13-m-long tube the

Q : Glycerin is being heated by flowing between two parallel

question glycerin is being heated by flowing between two parallel 1-m-wide and 10-m-long plates with 125-mm spacing the

Q : Develop a project communication plan to describe how

assignment implementation strategiesusing the paper started in week one add an additional 3 to 4 pages 1050 to 1400

Q : What is the future value of a 15-year ordinary annuity with

1 a company has net income of 10000000 total assets of 43000000 total liabilities of 16000000 what is their roa what is

1921805

Questions
Asked

3,689

Active Tutors

1456709

Questions
Answered

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

ask Question

Asked Questions

Discuss patient with athsma about use of bronchodilators

You're instructing a patient with athsma about the use of bronchodilators. You should teach the patient which one?

Discuss new forms of advertising changing opdps work

How have social media and other new forms of advertising changing OPDP's work?

Observing and reporting a correctional clients behavior

Observing and reporting a correctional client's behavior is extremely important, to ensure they receive the right mental health care.

Discussion about improve patient satisfaction scores

You are trying to improve patient satisfaction scores in your hospital's emergency department. You decide to poll 40 patients a day for three weeks.

Problem concerning about the risk for stroke

Sam is concerned about his risk for his stroke since his dad died of stroke at age 57 based on the following information why would you recommend

Patient presented with acute-onset abdominal pain

You are on your 5th straight duty in the Urgent Care and you are seeing a 18 yo may who presented with acute-onset abdominal pain for 2 days.

Discuss - male with a history of moderate persistent asthma

A nurse is caring for an 8-year-old male with a history of moderate persistent asthma. He is accompanied by his mom and dad who reported