Samantha receives a 10,000 life insurance benefit. If she uses the proceeds to buy a 10-year immediate annuity, the annual payout will be 1,538. If a 20-year immediate annuity is purchased, the annual payout will be 1,072. Both calculations are based on an effective annual interest rate of i. Calculate i.

Financial performance is measured in many ways. requirements 1. explain the difference between lag and lead indicators. 2. the following is a list of financial measures. indicate whether each is a lag or lead indicator: a. income statement shows net income of $100,000 b. listing of next week's orders of $50,000 c. trend showing that average hits on the redesigned website are increasing at 5% per week d. price sheet from vendor reflecting that cost per pound of sugar for the next month is $2 e. contract signed last month with large retail store that guarantees a minimum shelf space for grandpa's overloaded chocolate cookies for the next year