Calculate the annual premium for a whole life insurance

Assignment Help Financial Management
Reference no: EM131307042

1. Calculate the annual premium for a whole life insurance of $177,000 for a 47-year-old woman.

2. A 51-year-old man is purchasing a whole life insurance policy of $235,000 but wants to break his single premium down into nine annual payments. How much will each payment be?

Reference no: EM131307042

Questions Cloud

How much of a premium would he have to pay if he is 53 now : If a person wants to purchase a whole life annuity so that he can be paid $3,600 at the end of each year for the rest of his life, how much of a premium would he have to pay if he is 53 now?
What size premium would she have to pay : A person age 37 wishes to set up an ordinary annuity so that she will start to get paid $5,000 a year when she is 47 and throughout the rest of her life. What size premium would she have to pay?
What factors must be assessed when critically appraising : What factors must be assessed when critically appraising quantitative studies (e.g., validity, reliability, and applicability)?Which is the most important? Why?
What is the single premium for this annuity : A temporary life annuity is supposed to pay an annual payment of $4,200 to a young man for a period of 10 years but would not start until 5 years from now. What is the single premium for this annuity?
Calculate the annual premium for a whole life insurance : A 51-year-old man is purchasing a whole life insurance policy of $235,000 but wants to break his single premium down into nine annual payments. How much will each payment be?
Are they effective for patients with chronic illnesses : Are CDHPs more geared toward the healthier and younger population?Are they effective for patients with chronic illnesses?Will they discourage the use of preventative care and cause increased healthcare costs in the future?
Calculate the annual premium if sandra changes her mind : After finding Sandra's single premium in Exercise, calculate the annual premium if Sandra changes her mind about paying a single amount.
What is the estimated value of a share of common stock : Hurricane Corporation expects to grow its dividend by 5% per year.  The current dividend is $2 per share.  The required return is 8%. What is the estimated value of a share of common stock
How much will her single premium be : Sandra, who is 50, would like her $75,000 insurance policy to start paying if she dies 10 years or more later. How much will her single premium be?

Reviews

Write a Review

Financial Management Questions & Answers

  What is this companys net income and total debt ratio

A company has sales of $5,000 and total assets of $3,000. The debt-equity ratio is .25 and ROE is .15. The company retained earnings in the amount of $240 this year. What is this company’s net income? What is this company’s total debt ratio?

  What will be the value of her retirement account

Carla Lopez deposits $3,000 a year into her retirement account. If these funds have an average earning of 8 percent over the 40 years until her retirement, what will be the value of her retirement account?

  Projects unit sales for new seven-octave voice emulation

Aguilera Acoustics, Inc., (AAI) projects unit sales for a new seven-octave voice emulation implant as follows: Year Unit Sales 1 114,500 2 133,500 3 121,500 4 104,500 5 90,500 Production of the implants will require $1,840,000 in net working capital ..

  Identify the losses and gains to the embargoing countries

Describe what values of elasticities are more likely to give power to the embargo effort and what values of elasticities are more likely to weaken it.

  Decided to sell of current furniture just prior to moving

You are planning to move next year. You recently told your best friend that you have decided to sell all of your current furniture just prior to moving as you do not want to pay to transport it across the country. Your friend offered to pay you $2,00..

  Supports depreciating long-term assets

What is the underlying principle that supports depreciating long-term assets over their useful lives instead of just expensing them when purchased? We want full disclosure of large cash expenditures.

  Compute the NPV statistic for Project

Compute the NPV statistic for Project Y if the appropriate cost of capital is 12 percent.

  Real risk-free rate of interest-what is treasury securities

The real risk-free rate of interest is 4%. Inflation is expected to be 2% this year and 4% during the next 2 years. Assume that the maturity risk premium is zero. What is the yield on 2-year Treasury securities? What is the yield on 3-year Treasury s..

  The three keys to effective portfolio management

The three keys to effective portfolio management are having project leaders with full authority, having a competitive product advantage, and leveraging core competencies.

  Market conditions change-rate of return on uti stock

As an equity analyst you are concerned with what will happen to the required return to Universal Toddler Industries stock as market conditions change. Suppose rRF=5% rM =12% and bUTI = 1.4. Under the current conditions what is rUTI, the required rate..

  Determine the value of the levered firm

An unlevered firm has a value of $700 million. An otherwise identical but levered firm has $80 million in debt at a 5% interest rate. Its cost of debt is 5% and its unlevered cost of equity is 11%. After Year 1, free cash flows and tax savings are ex..

  What are the project payback-internal rate of return

Geraldine Consultants, Inc. is considering a project that has the following cash flows: Year 0 --$1,000 1 400 2 300 3 500 4 400 The company's WACC is 10%. What are the project's payback, internal rate of return, and net present value?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd