Risk transfer beyond reinsurance: the added value of CAT bonds
ABSTRACT ABOUT ELIMINATION OF BASIS RISKS.
Two other risk management tools that insurance firms utilize are reinsurance and CAT bonds. In an ideal capital market, insurers should have no preference between the two products. The theoretical literature, however, contends that market flaws and insured risk characteristics may affect how effective and efficient reinsurance is in comparison to CAT bonds. CAT bonds may improve insurers' risk management plans and thereby take the place of reinsurance. The first empirical analysis of whether and under what circumstances CAT bonds may replace conventional reinsurance is presented in our work. Our research of a large data set that includes the financial statements of U.S. P&C insurers and information on the usage of CAT bonds demonstrates that the decision-making process for risk management tools by insurance firms is not random.To learn more about elimination of basis risks. Click the links.
https://brainly.com/question/20114367
https://brainly.com/question/28153863
#SPJ4
according to the law of supply: group of answer choices there is an inverse relationship between price and the quantity supplied. there is a direct relationship between price and quantity demanded. there is a direct relationship between price and the quantity supplied. there is an inverse relationship between price and quantity demanded.
Answer:
there is a direct relationship between price and the quantity supplied.
Explanation:
If price rises, supply will rise because suppliers will see the opportunity to earn more profit.
If price falls, supply will fall due to low opportunity of profit to the suppliers.
an offer contains a contingency clause calling for a property inspection and approval by the buyer's wife within one week of the offer's acceptance. is this a binding contingency? select one: a. yes, but only if the buyer's wife has signed the offer. b. yes, if the seller accepts the offer. c. no, because only the buyer has made this offer. d. no, because the law does not allow one spouse to make an offer on real property in the absence
Yes, if the seller accepts the offer, then it is called as a binding contingency. Thus, option B is correct.
What is a contingency clause?A contingency clause then is defined as a clause or a condition if or when that is fulfilled, then only the offer will be considered regarding the buying and selling of a product.
As in this, there is a clause in the contract with sales that if the property inspection is being done properly and got the approval by the buyer's wife.
Further, if the seller accepts the offer then the deal will be done which will be called a binding contingency. Therefore, option B is the correct option.
Learn more about the contingency clause, here:
https://brainly.com/question/17038204
#SPJ4
rankings as well as word of mouth from satisfied customers drive additional sales for automotive companies. however, because this orientation uses an aggressive marketing style, the main problem with a is that there is a lack of understanding of what customers want and need. the customer is not in charge.
So, A has to apply for Sales Orientation Strategy.
All a deals situated with Sales Orientation is one in which an organization concentrates it's showcasing endeavors on selling the item that they produce. This procedure is viable for organizations that sell 'unsought' merchandise, for example, internment plots and disaster protection(life insurance), and yet can be hazardous for other people.
So, If A company start focus 100% on their marketing strategy they definitely achieve more and more customer for their Automotive company and it creates the best Ranking and good or excellent Word-of-Mouth.
Word-of-Mouth showcasing is the point at which a customer's advantage in an organization's item or administration is reflected in their day-to-day dialogues.
Rankings in Web optimization allude to a site's situation on the web crawler results page.
To learn more about Sales Orientation.
https://brainly.com/question/28360584
#SPJ4
carson owns shares of a money market mutual fund. during the year, he received $2,800 in dividend distributions, $700 of which he received in cash. he elected to use the remaining $2,100 to purchase additional shares of the fund. the total amount of dividend income subject to tax is:
The Amount is $0
In accordance with Tax Law:
If a person receives dividends or other income from mutual funds that is greater than 5,000 in a calendar year, 10% TDS will be applied.The dividend amount in this case, which is less than 5000, is 2800. So, there is no tax due. The only time Xavier's income is taxable is if he earned a dividend of more than $5,000 annually.A dividend is a payout of profits by a firm to its shareholders. A corporation is allowed to distribute a portion of its profit as a dividend to shareholders when it generates a profit or surplus. Any remaining funds are withdrawn and reinvested back into the company.
To learn more about Dividend, Click the links.
https://brainly.com/question/28044310
https://brainly.com/question/16014276
#SPJ4
financial management involves the acquisition and use of marketing resources and the protection of debt capital from all kinds of risk.
False. Financial management entails the purchase, usage, and protection of marketing resources as well as the safeguarding of debt money from all risks
Financial management is the practice of managing a business's finances in a way that enables it to be profitable and compliance with laws. That requires both a strategic plan and on-the-ground execution.
What serves as the primary goal of financial management?
The main goals of financial management are: Trying to lower the cost of financing. ensuring enough financial availability dealing with the planning, organization, and control of financial activities as well, such as the acquisition and use of funds.
To know more about Financial management
https://brainly.com/question/989344
#SPJ4
Note that common contexts are listed toward the top, and less common contexts are listed toward the bottom. according to o*net, what are common work contexts for foresters? check all that apply. pace determined by speed of equipment telephone freedom to make decisions exposed to disease or infections electronic mail in an open vehicle or equipment face-to-face discussions
O*NET lists the following tasks as common task assignments for construction managers: A. Telephone, C. Balance, and E. Exposed to total body vibration.
In project management, what is task assignment?The right person within the project team can be assigned tasks using the work assignment tool in project management software. The job or project must be allocated to a resource before it can be completed, whether it is adding a new task or creating a new project.
How are responsibilities delegated at work?The following considerations should be made while giving your staff duties to complete:
Do positive delegation.
Make the proper choice.
Get opinions.
Fix a due date.
Provide guidance and instruction.
Give people authority.
Think about the various facets of control.
To Know more about delegation
https://brainly.com/question/10594256
#SPJ9
Answer:B,C,E,G
Explanation:Trust, I did it.
which aspect of health are you building when you get enough sleep
The aspect of health that you are building when you get enough sleep is brain performance.
What is health?It should be noted that health simply means the state of being free from illness. Maintaining one's physical condition and taking precautions to lower the risk of contracting various diseases constitutes being healthy. Health is the body's innate capacity to adjust to the physical and psychological changes to which it is subjected.
It should be noted that it's important for individuals to slide for at least 8 hours every day in order to stay healthy.
Therefore, the aspect of health that you are building when you get enough sleep is brain performance.
Learn more about health on:
brainly.com/question/5496881
#SPJ1
the marriage of electronic trading mechanisms with computer technology has had far-ranging impacts on trading strategies and tools. trading delegates trading decisions to computer programs. -frequency trading is a special class of trading in which computer programs initiate orders in tiny fractions of a second, far faster than any human could process the information driving the trade.
The marriage of electronic trading mechanisms with computer technology has had far-ranging impacts on trading strategies and tools. Algorithm trading delegates trading decisions to computer programs. High -frequency trading is a special class of trading in which computer programs initiate orders in tiny fractions of a second, far faster than any human could process the information driving the trade.
What is electronic trading ?Instead of taking place on a trading floor, electronic trading connects buyers and sellers in a virtual marketplace. In lieu of or in addition to floor trading, almost all exchanges in the U.S. and Europe offer some sort of electronic platform. The first entirely electronic stock exchange was NASDAQ. Examples of exchange-owned electronic trading systems are NYSE Arca and Globex.
Traditional ways of trading through exchanges have been altered by electronic trading, whether it be done directly with counterparties or through an internet middleman. Institutional investors, broker-dealers, and market makers can trade directly through an Electronic Communications Network, or ECN, which automatically matches buy and sell orders at predetermined prices, as opposed to joining the exchange and trading from the floor.
To learn more about trading from given link
https://brainly.com/question/17727564
#SPJ4
Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the manufacturing overhead overapplied or underapplied for the year?.
$6,800 over applied is the manufacturing overhead over applied or under-applied for the year. Thus, option A is correct.
What is Manufacturing?Manufacturing is the process of taking raw materials or other resources and turning them into finished goods or other commodities. This allows the business to make money by selling these products.
The solution will be:
Manufacturing Overhead applied = 214000
Less: Actual Manufacturing Overhead = 207200
=22800+26800+15760
Manufacturing overhead over applied = 6800
$6,800 over applied is correct
Therefore, option B is the correct option.
Learn more about Manufacturing, here:
https://brainly.com/question/17052484
#SPJ1
The question is incomplete, the complete question will be:
Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the manufacturing overhead overapplied or underapplied for the year?
Multiple Choice
$6,800 underapplied
$6,800 overapplied
$26,800 underapplied
$26,800 overapplied
you have a gross annual income of $55,000. use the multiple of income method to determine the maximum amount of life insurance you should carry. quizlet
A gross annual income in a of $55,000. The multiple of income method to determine the maximum amount of life insurance should carry is= $269,500
Life insurance need = 0.70 × Salary amount × 7
= 0.70 × $55,000 × 7 = $269,500
What is life insurance and how does it work?
Life insurance is a settlement between you and an coverage enterprise. basically, in trade to your top rate bills, the insurance organization will pay a lump sum referred to as a demise advantage in your beneficiaries after your loss of life. Your beneficiaries can use the cash for some thing purpose they choose.
What is the advantage of a life insurance?
Life insurance coverage advantages may be used to assist pay for final prices when you skip away. This will encompass funeral or cremation expenses, scientific bills no longer blanketed by medical health insurance, estate agreement expenses and different unpaid duties.
What is the main cause of life insurance?
The number one cause of life insurance is to provide a financial gain to dependants upon premature death of an insured man or woman. The policy will pay a certain amount referred to as a “dying gain” to the named beneficiary, while the insured dies.
What age should you get life insurance?
As we age, we are at increased hazard of developing underlying fitness conditions, that may result in better mortality costs and better lifestyles coverage fees. You'll normally pay less for term life insurance at age 20 than if you wait till age forty. Ready until age 60 normally way an excellent larger increase in charge.
Learn more about Life insurance here :- https://brainly.com/question/1373572
#SPJ4
sociologists study information systems with an eye to understanding: group of answer choices how human decision makers perceive and use formal information. the production of digital goods. how new information systems change the control and cost structures within the firm. mathematically based models and physical technology. how systems affect individuals, groups, and organizations.
Sociologists research information systems to learn how they impact people, groups, and organizations.
Sociology is the study of how society influences and is influenced by individuals. Sociology is "the systematic study of society and social interaction," according to the dictionary. The Latin word socius, which means "fellow," and the Greek word logos, which means "speaking or reason," combine to form the word "sociology," which is defined as "reasoned speech concerning companionship." Sociologists examine society and social behavior using a range of techniques. They look at how individuals form groups, cultures, organizations, social structures, and processes, then they apply these to the real world. The majority of sociologists are employed by research institutions, colleges and universities, local, state, and federal governments, as well as consultancy businesses.
To learn more about sociologist here
https://brainly.com/question/14293856
#SPJ4
the ratio, or current assets divided by current liabilities, is used to evaluate a company's ability to pay its short-term obligations.
The current ratio considers a company's ability to pay its short-term liabilities with its current investments. The quick ratio calculates a company's liquidity established only on assets that can be converted to money within 90 days or less.
What is the ratio between current assets and current liabilities called?The current ratio, also named the working capital ratio, is a liquidity ratio used to calculate a business's ability to fulfill its short-term liabilities. It reaches the firm's current assets to its current liabilities. A liquidity ratio is used to determine a company's capacity to pay its short-term debt commitments. The three major liquidity ratios are the current ratio, quick ratio, and cash ratio.
To learn more about the Current ratio visit the link
https://brainly.com/question/28214599
#SPJ4
pete jackson purchased office equipment costing $3,000 for his business and paid immediately. record this transaction in the accounting equation by: multiple choice question. increasing equipment; increasing revenues decreasing cash; increasing equipment increasing cash; increasing equipment increasing cash; increasing expenses
Based on the fact that Pete Jackson purchased office equipment and paid it immediately, the effect on the accounting equation is decreasing cash; increasing equipment.
What happens when equipment is purchased and paid for?When equipment is purchased, this is regarded as an asset. The equipment account will be debited and increased to show that more equipment has been acquired.
Cash will however be decreased because the equipment was only purchased thanks to cash being spent.
Find out more on recording asset purchases at https://brainly.com/question/28103176
#SPJ1
select the functions from the following list that could belong to an adt. (hint: ask yourself if these methods belong in an idealistic adt, i.e. one truly meeting the adt design rule.)
The following capabilities belong to an ADT, but now not all idealistic ADTs are immutable-Account ADT Accepts an int and sets the account opening year to that set yr(int yr)Queue ADTSets the queues internal ArrayList to the given ArrayList set contents ArrayList contents.
These techniques above are within the idealistic ADT. due to the fact, that idealistic ADTs are mutable. If a summary records type is mutable then we are able to trade the objects of its kind and if it's miles immutable then we cannot exchange its item. means to formally outline the behavior of a software machine or a module, and form the basis for testing an implementation.
ADTs are a theoretical idea, in computer technological know-how, used inside the layout and evaluation of algorithms, facts structures, and software program structures, and do not correspond to precise features of pc languages mainstream laptop languages do now not without delay guide formally unique ADTs.This element describes the structure of the data used inside the ADT in a casual manner. Operations: This part describes valid operations for this ADT, hence, it describes its interface.
Learn more about The ADT design rule here:-https://brainly.com/question/28457155
#SPJ4
consider a company with both a retail outlet division (with over 100 retail stores) and a catalog sales division. each division stocks the same selection of items and suppose the total sales in each division is about the same. the fact that the catalog division requires less inventory can be most directly explained as a result of:
The ideal inventory levels are established using a newsvendor model. Uncertain demand and fixed pricing are two characteristics that define this model. In the example provided, the catalog division requires less inventory than the retail division since the demand in the latter can fluctuate, whilst the stock to be kept in the former is determined by mathematical calculations in the face of fluctuating demand.
What is retail?Retail involves selling goods and services to consumers, as opposed to wholesale, which targets corporations and institutions. A retailer makes a profit by purchasing goods in bulk from manufacturers, either directly or via a wholesaler. The products are then sold to clients in smaller quantities. The merchant serves as the last link in the supply chain connecting producers and consumers.
Markets and establishments that sell goods for sale have existed since ancient times. One group among the first merchants was the itinerant peddler. Retail stores have evolved throughout the years from being little more than "rude booths" to the upscale shopping complexes of the present era. In the digital age, an increasing number of retailers are attempting to sell through various channels in order to reach wider consumers.
To learn more about retail ,visit:
https://brainly.com/question/13125283
#SPJ4
Why is government taught to every high school senior
Answer: history repeats itself.
Explanation: It is the government's attempt to either turn US people against each other. OR it's the government's way of trying to keep us from making past mistakes again. it depends on who you ask really. Also, to teach you how the world used to work vs. how it works now.
andre iverson was paid a biweekly salary of $1,230 as an assistant exterminator. now he is paid on a semimonthly basis. what is andre's semimonthly salary?
Andre’s Iverson semimonthly salary is $1,332.50.
What is the salary?A salary is the number of funds that an employee receives from his company every time, particularly if they work in a specialty like education, legal, or medical.
There are 52 weeks a year
biweekly in a year will be 26
biweekly salary of Andre is $1,230
The annual salary will be
$1,230 x 26 = $31,980 annual
There are 12 months a year,
If calculated semimonthly = 12 x 2 = 24
The remuneration semimonthly will be calculated as
$31,980 / 24 = $1,332.50
Therefore, Andre’s semimonthly salary is $1,332.50.
Learn more about salary, here:
https://brainly.com/question/20354514
#SPJ4
16. I want to start my own business and had to borrow $7,000 from the bank. The bank charges a 6% interest rate on the loan. The interest will be compounded once a year. I determined it will take me 2 years to pay off the loan. What is the total amount I will have to pay back to the bank?
It is given that a loan of $7000 is borrowed from the bank with 6% of Interest Rate for 2 years.
Now, the total payback to the bank can be calculated by:
[tex]A=P(1+\frac{r}{n})^{nt}[/tex]
where A = amount to be paid,
P = loan amount,
r = interest rate,
n = number of compounding periods
t = time
Putting the given values in the equation, we get
[tex]A=7000(1+\frac{0.06}{1})^{1*2}[/tex]
[tex]A=7000(1.06)^{2}[/tex]
[tex]A=7000(1.12)[/tex]
A = $7840
Therefore, the total amount that will have to payback to the bank is $7840.
Know more about Loan payback: - https://brainly.com/question/12050600
#SPJ9
in any industry in which repeat business is done with the same parties, there is always a balance between pushing the limit on any particular negotiation and making sure the other party—and your relationship with him—survives intact.
The statement is True. In any industry in which repeat business is done with the same parties, there is always a balance between pushing the limit on any particular negotiation and making sure the other party and your relationship with him survive intact.
Growing your emblem visibility allow you to attract new customers and develop your enterprise. A very good way to do that is by attending networking events. Test local professional agencies and don't be afraid to attend some activities to get the phrase out about your commercial enterprise.
Successful small commercial enterprise owners are exact at inspiring those around them whether that is clients, employees, business companions, providers, or own family contributors. This requires self-assurance, enthusiasm, and passion.
An enterprise advantage is a tangible outcome of a motion or decision that contributes closer to achieving one or greater commercial enterprise targets. That definition serves properly for plenty of business planning, decision aid, and different evaluation desires.
Disclaimer: The question is incomplete. Please read below to find the missing content.
Question: In any industry in which repeat business is done with the same parties, there is always a balance between pushing the limit on any particular negotiation and making sure the other party -- and your relationship with him -- survives intact.
a. True
b. False
Learn more about business https://brainly.com/question/26106218
#SPJ4
If the equilibrium price of solar panels is $200 per panel, but a price ceiling of $150 per panel is imposed, what happens to the market for solar panels?.
In this situation, there will be a shortage of product.
What is Economics?It is defined as a science that studies the analysis of resources, such as natural and monetary resources, in order to create wealth, consumption of goods and services, to meet human needs.
If the equilibrium price of the panels is $200, but a ceiling price of $150 is imposed, this will generate an increase in demand and a decrease in supply in the market, which will cause the product to disappear in the market, creating scarcity.
See more about Economics in:
https://brainly.com/question/28418461
#SPJ4
the dimensions used in the general electric (ge) mode—market attractiveness and company strength—are richer and more complex than the dimensions used in the boston consulting group model, but they are harder to quantify
The dimensions used in the General Electric (ge) mode—market attractiveness and company strength—are richer and more complex than the dimensions used in the Boston Consulting Group model, but they are harder to quantify as a true statement.
What is the market?The market can be defined as a place where the individual, industry, or firm makes their transaction, which can be buying or selling of products or rendering services with the help of which they earn money.
The General Electric (GE) model's marketplace desirability and firm physical properties are deeper and so more complicated than the Boston Consulting Group model's characteristics, but they're more challenging to measure.
An as different method of marketing gives different results as the scale is enlarged to measure the changes. So, this is a true statement.
Learn more about market, here:
https://brainly.com/question/17284274
#SPJ4
what’s the best type of computer for a sales rep who travels extensively, needs a light-weight system to take written notes and show product spec pages to clients in their offices?
A tablet is the best type of computer for a sales rep who travels extensively and needs a lightweight system to take written notes and show product spec pages to clients in their offices.
Who is a sales rep?A sales representative can be said a person who is a representative of a company and help themselves with product or services.
The sales reps usually sell their product through various means like phone calls, meeting people, Advertisements, filling up tenders, etc.
As the sales rep good need to show their product to the person and need to carry it for a long time they require something that is accessible with them also that can be transferred to people, so a tablet would be a good option as it is compact, easy to give people and lightweight.
Learn more about sales rep, here:
https://brainly.com/question/15058943
#SPJ4
a orientation helps to redefine the marketers’ focus by encouraging them to broadly consider those entities most impacted by the marketers’ actions. those entities include employees, suppliers, regulators, shareholders, customers, and the community.
A stakeholder orientation allows redefining the marketers’ focus by encouraging them to widely not forget those entities most impacted through the marketers’ moves. the one's entities include employees, providers, regulators, shareholders, customers, and the network.
A marketer is someone who promotes an organization's products and services. They parent out the strategies which could increase sales and sales whilst making sure these techniques are aligned with the wishes of the customers in addition to the market call. entrepreneurs are chargeable for growing and executing techniques to sell manufacturers, products, and services, maximizing profits for the enterprise. They monitor trends and increase pricing strategies and advertising campaigns.
Good marketers are strategic with their time and sources, especially when you consider that there are a lot of one-of-a-kind channels to apply and types of content to provide. they are also astute leaders, driving enterprise increase while they specialize in information and creativity, balancing more than one channel and operating in a quick-paced environment.
Learn more about marketers here:
brainly.com/question/25754149
#SPJ4
For various reasons and both internal and external factors, organizations engage in temporary improvement initiatives that are a departure from their day-to-day business. These projects are aligned with organizational goals and are undertaken to create what?
These projects are aligned with the goals of the organization and are undertaken to create
Tasks to be performed by the project teamA unique product, service or resultOpportunity to changeReal resultsProject management is one of the management or procedures for managing important sources of income to complete the project from the beginning to the completion of the project. Project management can be applied to any type of project and is widely used to complete large and complex projects. The main focus of project management is the achievement of all project goals with all available constraints, time and available funds. In planning the making of a system project, it takes a variety of components involved in it.
One thing that must be considered / prioritized by a project manager in planning is to calculate, both qualitatively and quantitatively, and the risks that will occur in the process of working on the project.
You can learn more about Project management here /brainly.com/question/15610382
#SPJ4
memphis company anticipates total sales for april, may, and june of $800,000, $900,000, and $950,000 respectively. cash sales are normally 25% of total sales. of the credit sales, 30% are collected in the same month as the sale, 65% are collected during the first month after the sale, and the remaining 5% are not collected. compute the amount of cash received from credit sales during the month of may. multiple choice $592,500. $561,500. $652,500. $890,000. $817,500.
The total cash received from the credit sales during the month of May is $592,500.
Total credit sales for the month of May:
Credit sales of May = Total sales * Credit sales%
Credit sales of May = $900,000 * 75%
Credit sales of May = $675,000
Cash received from the credit sales of May:
Cash received = Credit sales of May * Receivable in current month
Cash received = $675,000 * 30%
Cash received = $202,500
Total credit sales for the month of April:
Credit sales of April = Total sales * Credit sales%
Credit sales of April = $800,000 * 75%
Credit sales of April = $600,000
Cash received from the credit sales of April:
Cash received = Credit sales of April * Receivable in current month
Cash received = $600,000 *65%
Cash received = $390,000
Thus, Cash received from the credit sales during the month of May:
Cash received = Cash received from May sales + Cash received from April sales
Cash received = $202,500 + $390,000
Cash received = $592,500
What does sales mean?
A sale is a transaction between two or more parties that exchanges goods or services for money or other property. In financial markets, a sale is an agreement between a buyer and a seller to set a price for a security and deliver it at an agreed upon rate.
Sales and Examples?
A sale is the sale or discount of goods or services. An example of a sale is the sale of a new home. An example of a sale is that he discounts the price of all jeans in the store by 50%.
Learn more about sales here:- https://brainly.com/question/25743891
#SPJ4
paradigm media is a company run by a group of new media professionals. the owners of the company do not have any personal liability and file taxes based on individual income.
An organization called Paradigm Media is administered by a group of experts in new media. The company's owners file taxes based on their individual income and are not personally liable. It was a Limited liability partnership/corporation.
What is the main purpose of an LLP?The flexibility of a partnership and the limited liability of a company are combined in an alternative type of corporate business structure known as an LLP. Even if the LLP's partners change, it will still exist. It is able to enter into contracts and own property under its own name.
One type of partnership structure that limits some participants' personal liability is the limited partnership (LP). Each partner in a general partnership is nonetheless personally liable for the debts and obligations of the partnership.
Learn more about Limited Liability Partnership here:
https://brainly.com/question/9244934
#SPJ4
Your Question was incomplete most probably your full question was:
Paradigm media is a company run by a group of new media professionals. The owners of the company do not have any personal liability and file taxes based on individual income. What type of business is this?
Limited liability partnership/corporation
when people make choices that will give them the greatest amount of satisfaction at a particulartime based on the information they have at their disposal, it is called:
Total utility is the aggregate summary of fulfillment or satisfaction that a customer receives via the consumption of goods or services.
What is a utility theory example?Utility theory also believes that a mix of goods is better. If a customer values two items roughly equally, then a mixture of the two offers better-desired utility. For example, a client who considers hot dogs and hamburgers approximately equal would choose to obtain one of each over two hotdogs or two hamburgers. The major types of marginal utility include positive marginal utility, zero borderline utility, and negative marginal utility.
To know more about marginal utility visit the link
https://brainly.com/question/14149928
#SPJ4
Ishan and hazel plan to retire at age 60 with a retirement income of $48,000 a year from their savings. rather than pay themselves the whole amount at the beginning of each year, they have decided that payment at the beginning of each quarter of $12,000 gives them the right balance of flexibility and maximized interest earnings. they feel they can safely earn an interest rate of 6.5%, compounded quarterly, on their money and they are budgeting based on the prediction that they will live until they are 90 years old.
$555,249.96 would be the amount they would need to invest at the start of their retirement period.
At age 60, Ishan and Hazel plan to retire, and they anticipate living until 90.
30 years, in that case.
Quarterly compounded interest of 8% is equal to 8% / 4 or 2% each quarter.
The number of quarters is 120 when 30 years are multiplied by 4.
They anticipate receiving 12,000 at the start of each quarter (48,00 divided by 4 equals 12,000).
$555,249.96 would be the amount they would need to invest at the start of their retirement period.
Retirement decisions are influenced by a variety of circumstances. Education about retirement funding has a significant impact on how well someone experiences retirement. Because most people rely only on Social Security as their main retirement income, Social Security plays a crucial role.
Learn more about Retirement here
https://brainly.com/question/13950325
#SPJ4
If you use another banks ATM, there will be no fee charged.True or False?
The statement If you use another banks ATM, there will be no fee charged is False.
What is ATM?ATM which full meaning is automated teller machine can be defined as a computerized machine that enables people to have access to their fund and for a person to make use of an automated teller machine the person must have an ATM debit cards
The statement is false because if an person make use of another bank ATM the person will be charges some fees.
Therefore the statement If you use another banks ATM, there will be no fee charged is False.
Learn more about automated teller machine here:https://brainly.com/question/24198010
#SPJ1
A loan that requires the borrower to make the same payment every period until the maturity date is called a.