Consider the results in Table 3. What is the predicted home size of a household composed of 5 members, renting, and with annual net income equal to 37,150 euros? How does it differ from the predicted home size of a household composed of 1 member, owning, and with annual net income equal to 37,150 euros?

N3    The retirement income payable from which of the following retirement income benefit programs is independent of the performance of any underlying investinent portlolio? A. RRSP B. CPP c. DCPP D. TFSA

5. What is the present value of a continuous wage flow lasting for 25 years at the constant rate of US$50000? Assurge an interest rate of 2.85%.

5 Question Let Y be the present value of an 11-year term continuous annuity of $1 per year for an insured aged.x. Let х,п Y be the present value of a whole life continuous annuity of $1 per year for an insured aged.x. Given a constant force of interest, 8, show that: ()]))/(b

Question 1 Due to health reasons, Dave is considering early retirement. He currently has $700,000 in a self- managed retirement fund. He thinks he will need S40,000 per year during retirement. He intends to invest his retirement in a low-risk mutual fund which return 1.5% per year. How many years can he live off this retirement fund without the need to look for a job?

You agreed with a seller to pay Opel car of $32,000, as follows: you paid $20,000 as aninitial payment. The plan is to pay the price of the car plus the interest amount by the end of the 10th year. At the end of the third year, you managed to pay $2,000. Find theamount of money that the seller will receive after 10 years. The interest rate is (use thelast two digits of your student ID) per year. Tip: use tables and draw cash flow pm

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