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Of the Following Which Best Describes an Annuity

Uniform payments and equal time intervals such as months quarters or years are the two characteristics that make a series of payments an annuity. Which of the following statements best describes an ordinary annuity.


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. Like a variable annuity earring may be negative in years of poor market performance B. A stream of equal cash payments made at. Lumpy cash flows at equal time intervals for a specific time period.

One is an annuity due while the other is an ordinary annuity. Which of the following best describes an annuity. The ordinary annuity b.

Which of the following best describes an annuity. An ordinary annuity is a series of equal payments made at the end of each period for a. An investment which produces increasing cash flows over time.

An alternative to certificates of deposit. OA lump sum is deposited into an account earning compound interest Deposits are made at random whenever you have extra money into an account earning interest. Equal regular deposits are made into an account earning interest.

B a series of unequal cash payments made at equal time intervals. Period during which accumulated money is converted into income B. Which of the following best describes the accumulation phase of an annuity.

The annuity due c. D a term that does not apply to mortgage payable or bond payable. Solved Which Of The Following Best Describes An Annuity Oa Lump Sum Is Deposited Into An Account Earning Simple Interest Oa Lump Sum Is Deposited Into An Account Earning Compound Interest Deposits Are Share.

Period of time from the accumulation period to the annuitization period C. Equal regular deposits are made into an account earning interest. Deposits are made at random whenever you have extra money into an account earning interest.

Equal cash flows at equal time intervals for a specific time period. Which of the following best describes an annuity due. One option that is often overlooked is an annuity.

Which Of The Following Most Accurately Describes An Annuity. Which of the following most accurately describes the term annuity. The surrender value will not be more than 80 of the cash value in the annuity at the time of surrender.

Which of the following best describes what the annuity period is. Which of the following best describes the nonforfeiture value of the annuity. If the series of payments is of different values.

Period of time from effective date of contract to the date of its termination. A series of payments to be received at a common interval during a period of time. An Annuity May Best Be Defined As When it comes to retirement planning there are a lot of options to choose from.

An insurance policy for retirement. 10-14 Which one of the following statements. Annuities provide guaranteed income for life by systematically liquidating the sum of money that has accumulated in the annuity.

See what the community says and unlock a badge. Lumpy cash flows at equal time intervals forever. A series of unequal cash payments made at equal time intervals.

Which one of the following statements best describes an ordinary annuity. Without information about the appropriate interest rate we cannot tell which annuity is better Answer. C a stream of equal cash payments made at equal time intervals.

An annuity is a long-term investment that is issued by an insurance company designed to help protect you from the risk of outliving your income. Which annuity would you choose. What else is an annuity best described as.

Multiple Choice C Series of cash inflows of varying amounts collected at the end of each period O Series of cash flows of equal amounts collected at the end of each period Series of. A deferred annuity is surrendered prior to annuitization. Equal cash flows at equal time intervals forever.

A term that does not apply to mortgage payable or bond payable. The present value of a set of payments to be received during a future period of time. A-- a series of unequal cash payments made at equal time intervals.

A an investment which produces increasing cash flows over time. Annuities are most accurately described as a stream of equal cash payments made at equal time intervals. A lump sum is deposited into an account earning compound interest.

Like a fixed annuity the amount of interest earned is steady from year to year C. A series equal payments to be received at a common interval during a period of time. Call Now Privacy Policies Form ADV We are an independent financial services firm helping individuals create retirement strategies using a variety.

A series of payments to be received during a period of time. Equal cash flows at equal time intervals for a specific time period. The accumulation phase is the pay-in period during which premiums are paid into the annuity.

OA lump sum is deposited into an account earning simple interest. Which of the following best describes what the annuity period is. Either one because the annuities have the same present value d.

An annuity is a series of payments of equal size at equal intervals. Period of time during which money is accumulated in an annuity D. Accounting questions and answers.

Through annuitization your purchase payments what you contribute are converted into periodic payments that can last for life. Which of the following statements best describes how an index annuity credits interest. An annuity may best be defined.

The Accounting Rate of Return method evaluates the lifetime return of an investment whereas Return on Investment evaluates the annual return of an investment. A lifetime income provider to a retiree. Popular Total Pageviews Powered by Blogger.


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