...Products of Pragati Life Insurance Company are given below: Product-1 Jibon Sathi (With bonus) This is very special saving Insurance Policy. Now-a-days seen in many policy’s insured gets only half of the policy amount after 4/5 years. But in Pragati Life Insurance Policy the insured will benefit by after 5 years in every year. Characteristics: 1. After 5 years complete of policy, the insurer will get 10% of policy in every single year. After completing the policy time the insured will received the policy amount with bonus. 2. Before ending the policy time, if the insured will die by paying one or more policy in spite of that the insurance company will pay the policy amount with discount. As an example Tk. 1,00,000 policy for 11 years after 5th, 6th, 7th, 8th, 9th, 10th, years. Tk. 10,000 each total tk. 60,000 will paid by the insurer. In this policy Pragati Life Insurance will also pay after 11 years with earned bonus and remain tk. 40,000 to the insured. Product-2 Jibon Prottasha (With bonus) The aim of this policy is paying profit like bank in policy time. In now another three premium policy is term is to pay the policy money after reducing premium amount. In Jibon Prottasha Policy, after the ending of the policy time the insured will received the policy amount with profit in spite of paying only two premium. By this one policy holder will financially benefit without surrounding money or getting loan exchange policies. Characteristics: 1...
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...RESIDUAL VALUE | 10% | 10% | 5% | USEFUL LIFE | 10 years | 15 years | 20 years | Depreciation expense per $100 of gross aircraft value annually $100*10%= 10 Depreciation= (asset value- residual value)/ asset life $100-10=90/10 years= $9 per year PRIOR TO JULY 1ST, 1986 $100*10%=10 $100-$10= 90/15 years= $6 per year JULY 1ST, 1986 TO MARCH 31, 1993 $100*5%= 5 $100-$5= 95/20 years=$4.75 per year APRIL 1ST 1993 TO PRESENT SINGAPORE | PRIOR TO JULY 1, 1989 | AFTER APRIL 1ST, 1989 | RESIDUAL VALUE | 10% | 20% | USEFUL LIFE | 8 years | 10 years | $100*10%= 10 $100-10= $90/ 8 years= $11.25 per year PRIOR TO JULY 1ST, 1989 $100*20%= 20 $100-20= 80/10 years= $8 per year AFTER APRIL 1ST, 1989 2) Delta and Singapore both use straight line depreciation; what changes is the residual value percentage being higher for Singapore whereas the asset life period is higher for Delta. * New aircraft when added to the fleet, adds a longer asset life. * Also companies would depreciate aircraft using different depreciable lives and salvage values because management wants to get certain earning results. * Depreciation depends on the type of fleet since assets life varies * Usage and maintenance, for those aircrafts that have higher costs of maintenance and lower usage it is better to lower depreciation and increase usage. Treatment is proper according to the needs of every company as long as they follow GAAP guidelines 3) DELTA YEAR | 1993 | Value...
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...Pincipal Officer, Pragati Life Insurance Ltd for providing us necessary informations and outlines, without which this report could not have been completed. Lastly, we thank all of those who supported us in any respect during the completion of the report. Group: Trust for Life. Date: 2nd May, 2010. Introduction: Life insurance or life assurance is a contract between the policy owner and the insurer, where the insurer agrees to pay a designated beneficiary a sum of money upon the occurrence of the insured individual's or individuals' death or other event, such as terminal illness or critical illness. In return, the policy owner agrees to pay a stipulated amount at regular intervals or in lump sums. There may be designs in some countries where bills and death expenses plus catering for after funeral expenses should be included in Policy Premium. In the United States, the predominant form simply specifies a lump sum to be paid on the insured's demise. As with most insurance policies, life insurance is a contract between the insurer and the policy owner whereby a benefit is paid to the designated beneficiaries if an insured event occurs which is covered by the policy. The value for the policyholder is derived, not from an actual claim event, rather it is the value derived from the 'peace of mind' experienced by the policyholder, due to the negating of adverse financial consequences caused by the death of the Life Assured. To be a life policy the insured event...
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...manufacturer of light commercial vehicles. It has a very strong R&D centre which has developed very successful models in the last fifteen years. However, two models developed by it in the last few years have not done well and were prematurely withdrawn from the market. The engineers at its R&D centre have recently developed a prototype for a new light commercial vehicle that would have a capacity of 4 tons. After a lengthy discussion, the board of directors of Metaland decided to carefully evaluate the financial worthwhileness of manufacturing this model which they have labeled Meta 4. You have been recently hired as the executive assistant to Vijay Mathur, Managing Director of Metaland. Vijay Mathur has entrusted you with the task of evaluating the project. Meta 4 would be produced in the existing factory which has enough space for one more product. Meta 4 will require plant and machinery that will cost Rs.400 million. You can assume that the outlay on plant and machinery will be incurred over a period of one year. For the sake of simplicity assume that 50 percent will be incurred right in the beginning and the balance 50 percent will be incurred after 1 year. The plant will commence operation after one year. Meta 4 project will require Rs.200 million toward gross working capital. You can assume that gross working capital investment will occur after 1 year. The proposed scheme of financing is as follows : Rs.200 million of equity, Rs.200 million of term loan, Rs.100 million of working...
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...surance Ahsanullah University of science And technology [pic] Assignment on : Delta life insurance company Prepared for : Sarah Chowdhury Lecturer Faculty of School of Business Prepared by : Nayma Yashfi (09.01.02.002) Jannatul Ferdaush (09.01.02.037) Humayra Rashid (09.01.02.003) Md. Shamiul Islam (09.01.02.041) Afeef Mahmud (09.01.02.020) Md. Rabiul Ahmed (09.01.02.049) Fariha Tabassum (09.01.02.022) Kazi Tarikul Islam (09.01.02.026) Md.Kamrul Islam (09.01.02.034) Nafisa Tabassum (09.01.02.036) Table of content |Back ground of the insurance company | |Contingency | |Specific policy taken for that particular policy | |Key factors of that particular policy | |Various packages of that particular policy | |Limitation of the sum amount of the insurance for that particular policy | |Duration...
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...afterlife exist ) SECTION III: Clarify Your Belief and Position: (10 /10) A Supreme Being: (Maximum 200 words) I am a theist and I believe that God exists. One key reason why is because my mom has raised me to believe that there is a God since I was a baby, I have been to church multitudes of times and also have read the bible many times so naturally I am going to believe that he is real. Yes my mom “raised me in the church” but that’s not the only reason I believe in God though, I believe because after observing and living life on this planet for the past 20 years I have came to my own conclusion God exists. I feel life it self is too far too complex and diverse for there not to be one (The Teleological Argument). Just like how we know a car or a skyscraper was created by people because of the complexity of the creation so is the same logic I use when I defend the existence of God, after taking biology this year it only made my belief in a God stronger by learning how life on earth works, from my point of view It really amazes me how people think that there is no God. The Afterlife: (Maximum 200 words) I am a theist and I believe that there is an after life. I am a firm Believer in God so naturally that would make me a firm believer in the after life as well. Proving that the after life is real is a very difficult thing to do but, I believe one of the biggest pieces of evidence that there is a life after this one is of all the testimony of people who have had N.D.E (Near...
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...Name: ________________________ Hour: ____ Date: ___________ Chemistry: Half-life Directions: Solve each of the following problems. Show your work, including proper units, to earn full credit. 1. The half-life of cesium-137 is 3.2 years. If the initial mass of a sample of cesium-137 is 1.0 kg, how much will remain after 151 years? 2. Given that the half-life of carbon-14 is 5730 years, consider a sample of fossilized wood that, when alive, would have contained 24 f of carbon-14. It now contains 1.5 g of carbon-14. How old is the sample? 3. A 64-g sample of germanium-66 is left undisturbed for 1.5 hours. At the end of that period, only 2.0 g remain. What is the half-life of this material? 4. With a half-life of 28.2 years, how long will it take for 1 g of strontium-90 to decay to 125 mg? 5. Cobalt-60 has a half-life of 5.3 years. If a pellet that has been in storage for 26.5 years contains 14.5 g of cobalt-60, how much of this radioisotope was present when the pellet was put into storage? 6. A 1000 kg block of phosphorous-32, which has a half-life of 14.3 days, is stored for 100.1 days. At the end of this period, how much phosphorous-32 remains? 7. A sample of air from a basement is collected to test for the presence of radon-222, which has a half-life of 3.8 days. However, delays prevent the sample from being tested until 7.6 days have passed...
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...Systems sells a relatively cheap purification system for $16 million. The system will last 4 years. Do-It-Right sells a sturdier but more expensive system for $18 million; it will last for 5 years. Both systems entail $3 million in operating costs; both will be depreciated straight-line to a final value of zero over their useful lives; neither will have any salvage value at the end of its life. The firm’s tax rate is 40%, and the discount rate is 12%. a. Calculate the equivalent annual cost of each alternative: (Do not round intermediate calculations. Enter your answers in millions rounded to 3 decimal places.) Equivalent Annual Cost Quick & Dirty $3.668 million Do-It-Right $3.553 million b. Which system should Blooper install? Do-It-Right Explanation: a. Find the equivalent annual cost of each alternative: Quick and Dirty Do-It-Right Operating costs $3 million $3 million Investment $16 million $18 million Project life 4 years 5 years Annual depreciation $4 million $3.6 million Depreciation tax shield $1.6 million $1.44 million PV(depreciation tax shield)* $4.86 million $5.191 million Net capital cost† $11.14 million $12.809 million EAC of net capital cost* $3.668 million $3.553 million *Annuity discounted at 12%; number of years = project life. †Investment − PV(depreciation tax shield). The present value of the depreciation...
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...quarterly, annually) rate to handle monthly (daily, quarterly, annually) cash flows. Should we use APR or EAR to calculate these rates? Q1 Peter wanted to purchase a house at price $4m. He planed to borrow 50% of the total amount through mortgage loans provided by HSBC. HSBC charged him 6% interest rate and he had to pay off the loans in 20 years. The first payment was made one month after the purchase. 10 years later, HSBC adjusted the loan rate into 12%. What is the monthly payment during 10th year to 20th year? Chap 5: Know the calculation. (Given NPV and initial cost, do you know how to calculate PI?) Understand the problems related to NPV, IRR, PI and Payback period. Make right decisions given NPV, IRR, PI or Payback period. Q2 You are considering a project with the following year-end aftertax cashflows: Year 1: $5000 Year 2: $3200 Year 3: $7800 If the initial investment for the project is $16000, compute the project’s IRR (internal rate of return) Q3 Given the following projects: | |Year 0 |Year 1 |Year 2 |Year 3 |Year 4 |Year 5~9 |Year 10 | |Project A |-1000 |200 |300 |500 |100 |100 |100 | |Project B |-2000 |400 |600 |1000 |200 |200 |200 | |Project C |-800 |200 |200 |200 |200 |200 |200 | |Project...
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...Relevant cash flows Answer: d Diff: E . Which of the following statements is most correct? a. The rate of depreciation will often affect operating cash flows, even though depreciation is not a cash expense. b. Corporations should fully account for sunk costs when making investment decisions. c. Corporations should fully account for opportunity costs when making investment decisions. d. Statements a and c are correct. e. All of the statements above are correct. Relevant cash flows Answer: c Diff: E . A company is considering a new project. The company’s CFO plans to calculate the project’s NPV by discounting the relevant cash flows (which include the initial up-front costs, the operating cash flows, and the terminal cash flows) at the company’s cost of capital (WACC). Which of the following factors should the CFO include when estimating the relevant cash flows? a. Any sunk costs associated with the project. b. Any interest expenses associated with the project. c. Any opportunity costs associated with the project. d. Statements b and c are correct. e. All of the statements above are correct. Relevant cash flows Answer: d Diff: E . When evaluating potential projects, which of the following factors should be incorporated as part of a project’s estimated cash flows? a. Any sunk costs that were incurred in the past prior to considering the proposed project. b. Any opportunity costs that are incurred if the project is undertaken. c. Any externalities...
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...Running Head: LIFE AFTER A SPINAL CORD INJURY The Quality of Life After a Spinal Cord Injury Jennifer Brenner Florida A&M University School of Nursing Hocevar and Gray (2008) states , “Spinal Cord Injury (SCI) is a devastating and life-altering event, either temporary or permanent that affects motor and sensory integrity resulting in paralysis of lower or both upper and lower extremities, as well as autonomic nervous system function resulting in neurogenic bowel, neurogenic bladder, and sexual dysfunction” (p. 160). The majority of spinal cord injuries occur in young individuals and there is no treatment option for restoring spinal cord function below the level of injury. Approximately 253,000 people in the United States are living with SCI, and an estimated 11,000 new injuries occur each year (Hocevar & Gray, 2008). However, the complications of SCI can be reduced by medical treatment and rehabilitation. The purpose of this paper is to review research articles addressing the impact of SCI on quality of life from alterations in physical, cognitive, and emotional function. Studies have been conducted and showed that chronic pain and neurogenic bowel functioning are some of the major sequelae of SCI and they have a considerable impact on quality of life Living with a SCI is overwhelming due to the adjustments in lifestyle: the environmental barriers and activity limitations. The physical effects of...
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...Viking Company, assuming they use the allowance method to account for uncollectible accounts. [pic] Problem 3: Cairo Co. uses the allowance method of accounting for uncollectible accounts. Cairo Co. accepted a $5,000, 12%, 90-day note dated May 16, from Alexandria Co. as in exchange for its past-due account receivable. Make the necessary general journal entries for Cairo Co. on May 16 and the August 14 maturity date, assuming that the: a. Note is held until maturity and collected in full at that time. b. Note is dishonored; the amount of the note and its interest are written off as uncollectible. Problem 4: Prepare general journal entries for the following transactions of this company for the current year: Apr 25: Sold $4,500 of merchandise to CBC Corp receiving a 10%, 60-day, $4,500 note receivable June...
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...to Lionel Dahmer and Joyce Flint. Dahmer was raised there as an only child. He was a child that was full of life, interested in everything you would assume your average boy to be interested in. He loved to wrestle with his father and help him around the house all the time. Outgoing and curious, Dahmer was everything any set of new parents could ask for and more. One thing interesting was his early fascination for animals. He loved to help his dad clear the animal bones from under the house where animals had died. As the bones were dropped in to a bucket, Dahmer was overwhelmed with joy at the sounds they made. As he grew older, the fascination of the sound of bones became a fascination with turning animals in to just bone - he began to kill them. In 1968, Dahmer’s family moved to Akron, Ohio to a small town call Bath in the Bath Township. That same year, he became a brother to David Dahmer. It seems as though from that point on things started going downhill for Dahmer. As he neared junior high, Dahmer became much more introverted. Although he was always the class clown throughout both junior high and high school, students still knew something seemed to be off with Jeffrey Dahmer. As Dahmer grew from the boy he was in to the teenager he was becoming, he was going through a hard time in his life. His parents marriage had been seriously falling apart for the past couple years and this took a toll on Dahmer. He took up drinking at a very early age and became an alcoholic. Dahmer drank...
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...months starting from the end of the 1 policy year. 3. Term of Assurance and Premium Payment Term offered. Term of Assurance 20 years 25 years Premium Payment Term 5 years PLAN BENEFITS 1. Death Benefit Upon death of the Life Assured, the Company will pay (a) sum assured at time of death; (b) accumulated survival benefit (if any); (c) any cash bonus (including accumulated cash bonus, if any); and (d) terminal bonus on death (if any); in one lump sum. In the event of death of the Life Assured occurring before age 5 years next birthday, a child lien as follows shall apply: Age Next Birthday on Policy Sum Assured at Time of Death Anniversary Preceding Death 1 20% of sum assured 2 40% of sum assured 3 60% of sum assured 4 80% of sum assured Note: Sum assured is defined as basic sum assured + additional sum assured (if any) 2. Additional Sum Assured An additional sum assured will be payable upon occurrence of the following event: (a) Death of the Life Assured; or (b) TPD of the Life Assured prior to the age of 65 years next birthday; or (c) Maturity of the policy; whichever occurs first. Additional Sum Assured Policy Year (as a % of the Basic Sum Assured) st 1 Policy Year Nil nd 2 Policy Year 12.5% rd 3 Policy Year 25.0% th 4 Policy Year 37.5% th 5 Policy Year 50.0% th 6 Policy Year until maturity 60.0% CFE/Agent Manual/Great Treasure Wonder (0405)/02052012 Page 1 of 10 3. Accidental Death Benefit Upon accidental death of the Life Assured within the...
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...man who has taken the life of your 10 yr old daughter; after raping her and then beating her within an inch of her life. Leaving her deep in the woods to suffer, as she hopes someone will find her and save her, as she takes her last breath alone, violated, scared, and in horrific pain. Death penalties should be an option for prisoners who have life or consecutive life sentences. Instead of allowing them to take up space in prisons, some prisons are overpopulated, and could utilize the space, the number of prisoners without life sentences far outweighs those with life or consecutive life sentences, with those prisoners sequestered it allows more space for...
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