SHOT ON MI 5X MI DUAL CAMERA Caleulations(20 points) 1. Suppose that you are planning...
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SHOT ON MI 5X MI DUAL CAMERA Caleulations(20 points) 1. Suppose that you are planning to take a year vacation to bike across the United States. Someone is willing to sell you a new bicycle for $500. At the end of the year, you expect to resell the bicycle for $350. The benefit to you of using the bicycle is the equivalent of $170.(15 points) What is the internal rate of return? (5 points) a. b. If the discount rate is 5 percent, should you buy the bicycle?(5 points) 2. With 2012 primary insurance amount (PIA) calculation formula, calculate (10 points) (1) for a 2012 retiree with an AIME of $ 700, the PIA was? (5 points) (2) while for a retiree with an AIME of $2,000, the PIA was? (5 points) (3) while for a retiree with an AIME of 6000, the PIA was? (5 points)
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