Posts Tagged ‘Annuity’
Future value of ordinary annuity = payment (compound interest factor)?
08
Jun
CAN SOMEONE EXPLAIN IN DETAIL THE CONCEPT OF FUTURE VALUE OF ORDINARY ANNUITY = PAYMENT (COMPOUND INTEREST FACTOR). Also I would like the correct formula.
Life, annuity and heath exam???
08
Jun
Has anyone taken the L&H exam? I am taking it in a few days d it seems very simple, but people have told me that it is harder then it looks. I have my Series 7, 63 and 65, but I need the L&H now because of annuity products (why health, I have no clue, but my boss wants me to have it). What are some key points that I should be studying, and what sections does the exam focus on? Is it as hard as the 7,63, 65 (66), I can’t imagine that it is, but….the 65 looked simple in the books, and was a tricky exam. FYI, this is Virginia L&H, but I think the exams are similar in all states. Thanks
Child beneficiary of deceased grandmothers annuity, what now?
07
Jun
We have just been notified by a bank that our 17 year old college bound daughter is the beneficiary of a sizable annuity. It will cover almost all college costs. We don’t even know what to do next. We were going to apply for financial aide for college expenses. Now she will have money and we don’t even know if we want or have to tell her yet (though we are pretty sure that college would still be her primary choice). She wont start college until next July. We want whatever is best for her. Should we somehow invest this for her, or pay the college off and get a loan for her housing and other expenses while persuing her degree?
Has anyone taken the Florida Life, Health, Variable Annuity Insurance State Exam? Any Tips/Advice?
07
Jun
I haven’t taken the state exam yet but was wondering if anyone can give me any advice on what is on the exam?
Find the future value of an ordinary annuity of $400 paid quarterly for 6 years, if the interest rate is 13% c?
06
Jun
Find the future value of an ordinary annuity of $400 paid quarterly for 6 years, if the interest rate is 13% compounded quarterly.
thank you.
Are annuity health insurance premiums deductible?
06
Jun
My husband gets a government pension. His health insurance premiums are deducted from the annuity payments each month. (I don’t know yet if the premiums are paid with pre-tax or post-tax dollars, looking into it.) Are those premiums deductible in the medical expenses area of our federal income taxes?
How much should I contribute to my annuity?
06
Jun
I recently purchased an annuity.
My initial purchase was $10,000.00
I’m wondering how this works. Do I add money to it monthly? weekly?
What do people usually do?
I want to make the best of this annuity so that when I’m much older (30 years old now)…say 65 I will be able to have a nice fixed income.
Thank you,
Steve
Pension-Life Annuity or 10 yr Certain?
06
Jun
Which pension should I choose?
I’m 60…
option 1 get $1700 monthly for life, stops at death
option 2 get $1625 monthly for life w/a 10yr guarantee. If I die b4 10 yrs, beneficiaries get balance.
Any thoughts would be appreciated.
Variable Annuity: good or bad?
05
Jun
I’ve signed up for a variable annuity mutual fund and the more I research it the more leary I am. My financial advisor says I’m gauranteed a 7% return but I have to let it sit there for 8 years and at the end theres a 1.2% reduction for the advisor. Is this a bad idea? I first jumped into it because of the drastic swings in the market but now I feel I’m getting ripped off. Any advice will be appreciated.
Please… find the future value of the annuity (I dont think it’s that hard)…?
05
Jun
Payments of $6000 at the end of each year for 25 years at 5% interest compounded annually.
What is the future value of the annuity?
$_____ (round to the nearest cent)
Annuity problem, Please help?
05
Jun
consider a 5 payment annuity of $200 per year, with the first payment occuring at t=4. what is the present value (at t=0) of that annuity if r= 10%.
Answer should be: 569.61
Hint: what is the t = 3 value?
please show me how you solve this problem