1. If CPP and OAS will pay an income of $24,000 per year for your client, what lump sum would be required to replace CPP&OAS if the client is 65 and life expectancy is age 95? Assume 5% portfolio returns during retirement, 2.7% inflation, 25% average tax rate and 40% marginal tax rate. (calculator "begin' mode) (Single Choice)* 527,856 501,629 587,859 549,428

i need both solution....../.

Question 1Mr. and Mrs. Haddad have contributed $2025.00 per six months for the last eighteen years into RRSP accounts earning 6.92 % compounded semi - annually. a) How much will Mr. and Mrs. Haddad have in total in their RRSP accounts? b) How much did the Haddad's contribute? c) How much will be interest? PMT = $IY = CY = i = n = Total in RRSP account $Total Contibution =$ Interest =$ Blank 1: Blank 2: Blank 3: Blank 4: Blank 5: Blank 6: Blank 7: Blank 8:

Only typed answer and please don't use chatgpt  A ​$4,100 balance in a​ tax-deferred savings plan will grow to ​$ 89,070.45 in 40 years at an 8​% per year interest rate. What would be the future worth if the ​$ 4,100 had been subject to a 22​% income tax​ rate?.

URE ic Gail Trevino expects to receive a $580,000 cash benefit when she retires seven years from today. Ms. Trevino's employer has offered an early retirement incentive by agreeing to pay her $310,000 today if she agrees to retire immediately. Ms. Trevino desires to earn a rate of return of 10 percent. (PV of $1& and PVA of $1) Note: Use appropriate factor(s) from the tables provided. raw Required a. Calculate the present value of the $580,000 future cash benefit. Assuming that the retirement benefit is the only consideration in making the retirement decision, should Ms. Trevino accept her employer's offer? Note: Round your final answer to the nearest whole dollar value. Present value Should Ms. Trevino accept the offer?

Find the expected net profit of an insurance company on a life-insurance policy whose death benefit is $1,000,000 if the annual premium for the policy is $2000 and the chance of the customer dying within the next year is 0.002. Interpret. (show work)