Business, 07.04.2020 18:58 jordystafford8186
Sophia purchased a variable annuity contract with a purchase payment of $115,000. Surrender charges begin with 8 percent in the first year and decline by 1 percent each year. In addition, Sophia can withdraw 11 percent of her contract value each year without paying surrender charges. In the first year, Sophia needed to withdraw $19,750. Assume that the contract value has not increased or decreased because of investment performance. What was the surrender charge Sophia had to pay
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Which of the following has the largest impact on opportunity cost
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Business, 22.06.2019 19:30
The owner of firewood to go is considering buying a hydraulic wood splitter which sells for $50,000. he figures it will cost an additional $100 per cord to purchase and split wood with this machine, while he can sell each cord of split wood for $125. if, for this machine, design capacity is 50 cords per day, effective capacity is 40 cords per day, and actual output is expected to be 32 cords per day, what would be its efficiency?
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Answers: 2
Sophia purchased a variable annuity contract with a purchase payment of $115,000. Surrender charges...
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