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(a) A couple has just celebrated their 25th wedding anniversary. What is the probability of them celebrating their 50th wedding anniversary, if the husband is aged exactly 50, his wife is aged exactly 45, and assuming that both of their mortality follows the AM92 Ultimate table? (Assume they won't get divorced!)
(b) Adam, aged 65 and earning $60,000 a year is about to retire on a pension equal to two thirds of his salary at retirement. The pension will remain at this rate as long as both he and his business partner, Ben, now aged 60, are alive, but will reduce to one half of his final salary on the death of either partner. Estimate the present value of these benefits if the pension is payable annually in advance at 4% pa interest. Use the AM92 Ultimate table. You are also given ä65.60=10.5982
Production data has been fit to a Fetkovich type curve. Given the following information, answer the questions: Date of first production plotted for the Fetkovich type curve matc
Based on the example in Lesson 2, compute your quarterly interest for three years if you deposit $500 at 8 percent, compounded quarterly. Remember to divide the 8 percent by 4 to g
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Investment Analysis Any type of company will invest finance for the sake of deriving a return that is useful for four main purposes as: 1. To reward the owners or shareholder
(a) A couple has just celebrated their 25th wedding anniversary. What is the probability of them celebrating their 50th wedding anniversary, if the husband is aged exactly 50, his
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