Answers

KM

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An annuity consists of payments of $450 made at the beginning of every month for 5 years. If the annuity earns 6% compounded semiannually, calculate present value.

On Jul 09, 2024


$23,432.95
KM

Answered

Participants have a right to access the results of the study.

On Jun 29, 2024


True
KM

Answered

Spearman's rank-correlation coefficient can only take on values between:

A) 0 and
B) and 0
C) 1 and +1
D) and +1
E) and

On Jun 02, 2024


C
KM

Answered

The Poisson distribution is a version of the discrete distribution used ________.

A) to adjust for the likelihood of one event occurring most of the time
B) as a complement to the Bernoulli distribution
C) to measure the number of events occurring in an interval of time
D) to simulate a continuous distribution

On May 30, 2024


C
KM

Answered

A 70-year-old male can purchase either of the following annuities for the same price from a life insurance company. A 20-year-term annuity will pay $394 at each month-end. A life annuity will pay $440 at the end of each month until the death of the annuitant. Beyond what age must the man survive for the life annuity to have the greater economic value? Assume that money can earn 3.3% compounded monthly.

On May 02, 2024


86 years of age
KM

Answered

Perform the division. (x2+19x+90) ÷(x+9) \left( x ^ { 2 } + 19 x + 90 \right) \div ( x + 9 ) (x2+19x+90) ÷(x+9)

A) x+19+9x+9,x≠−9x + 19 + \frac { 9 } { x + 9 } , x \neq - 9x+19+x+99,x=9
B) x+9,x≠9x + 9 , x \neq 9x+9,x=9
C) x+90x+9,x≠−9x + \frac { 90 } { x + 9 } , x \neq - 9x+x+990,x=9
D) x−1+100x+9,x≠9x - 1 + \frac { 100 } { x + 9 } , x \neq 9x1+x+9100,x=9
E) x+10,x≠−9x + 10 , x \neq - 9x+10,x=9

On Apr 30, 2024


E