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You plan to retire when you are 65th years old. You are now 25 years old. You plan to buy a pension annuity that will pay you $100,000 per year starting one year after you turn 65 and continuing until you celebrate your 80th birthday. The pension plan requires you make equal quarterly contributions starting one quarter after your 25th birthday and until you have reached your 65th birthday. If the interest rate assumed throughout this plan is 4% per year, what is the quarterly contribution (or policy premium)?
ANSWER: Quarterly premium _____________
what number does not belong 43,47,53,59,65,67
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The centre of a circle is (2x - 1, 3x + 1).Find x if the circle passes through (-3,-1) and the length of the diameter is 20 units.
Advantages and disadvantages of paasche indices
To begin with we have counting numbers. These numbers are also known as natural numbers and are denoted by a symbol 'N'. These numbers are obtai
David wants to rent a movie. He wants to watch either a comedy or a drama. The movie rental store has 18 comedies and dramas available for rent. Seven of the movies are comedies, a
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Example Find the values of the given expressions. Also given that a = 2, b = 3, c = 1, and x = 2. 8a + 5bc = 8.2
3 3/4+(1 1/49*7/10)
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