Which two of the following statements are true regarding non-qualified annuities? i. there is a 10% penalty on any taxable withdrawals that are taken before age 59 1/2 ii. there is no 10% penalty on any taxable withdrawals that are taken before age 59 1/2 iii. distributions must begin by age 70 1/2 iv. there is no required minimum distribution at age 70 1/2 a. i and iiib. i and ivc. ii and iiid. ii and iv

answer; ///( insurance premiums than new cars;

answer; i believe the correct answer is (4.0);

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.