Which option describes creative thinking most accurately?

Which of the following statements are TRUE with regard to variable annuities?

patriot [66]

Answer:

(B) I and III

Explanation:

The variable annuity contract allows the investor tho make monthly payment for retirement in two pahses. First it will accumulate on his accounts by mading monthly deposits to yield a return on the fund, stocks or bonds. Then, the investor at retirement age enter the second phase. At which receives payouts from his deposists and earnings.

Therefore, the owner caccounts fluctuate during accumulation period as is ncreaseing or decreasing based on the investment made.

Finally, like all contract is subject to federal and state authority.

3 0

3 years ago

6. One advantage of an enclosed office layout is that employees can be closely

Harman [31]

The answer is False

3 0

3 years ago

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Prepare the journal entries to record the following transactions on Sunland Company's books using a perpetual inventory system.

Volgvan

Answer:

a. March 2, 202x, merchandise purchased on account from Splish Brothers, credit terms 2/10, n/30

Dr Merchandise inventory 885,600

Cr Accounts payable 885,600

b. March 6, 202x, defective/wrong merchandise returned to Splish Brothers

Dr Accounts payable 110,200

Cr Merchandise inventory 110,200

c. March 12, 202x, paid invoice to Splish Brothers within discount term

Dr Accounts payable 775,400

Cr Cash 759,892

Cr Purchase discounts 15,508

purchase discount = purchase balance x 2% = $775,400 x 2% = $15,508

8 0

3 years ago

pat deposits $600 in a saving account at a simple interest rate of 6% per year for 5 years. How much money will pat have earned

g100num [7]

The money he would have earned as interest at the end of 5 years is $180.

<h3>How much interest would he have earned in 5 years?</h3>

Interest is the total amount that is earned in excess of the amount deposited. Interest is a function of the amount deposited, time and interest rate.

Interest = amount deposited x time x interest rate

$600 x 5 x 0.06 = $180

To learn more about interest, please check: brainly.com/question/26164549

#SPJ1

7 0

2 years ago

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Three examples of foreign companies operating in Fiji and a type of service they provide

bixtya [17]

Answer:

Three foreign companies operating in Fiji:

Bank of Baroda: a multinational, financial services companies from India. It offers banking services in Fiji, and is one of the five international banks that operate in that country.
Coca Cola: this American multinational beverages corporation from Atlanta, Georgia, also operates in Fiji. It sells consumer goods, specially beverages.
Marriott: the American multinational hotel corporation has one hotel in Fiji: the Fiji Marriott Resort Momi Bay.

3 0

3 years ago