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2 years ago

All of the following information about a customer must be used in determining annuity suitability EXCEPT

Business

1 answer:

jenyasd209 [6]2 years ago

5 0

Answer:

The correct option is c. Beneficiary 's age

Explanation:

For determining the annuity suitability of a customer, the producer determines the following things which include financial status, customer age, taste and preference, tax status, annual income, financial experience, etc.

These things are important to judge the customer preference, and their bargaining power so that it becomes easy for producers to achieve their sales targets.

Therefore, beneficiary's age is not a criterion to determine annuity suitability.

Hence, The correct option is c. Beneficiary 's age

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How the stock market works <br>simplify ur answer?<br>

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Explanation:

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2 years ago

To maintain good citizenship as a company and to make a fair profit on current operations are examples of _____. values

Radda [10]

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3 years ago

Generally speaking, a narrow span of management implies that the height of the organization will be ____; a wide span of managem

Pani-rosa [81]

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3 years ago

has gathered the following data on a proposed investment project (Ignore income taxes.): Investment required in equipment $ 36,5

solmaris [256]

Answer:

16.89%

Explanation:

As per the given question the solution of simple rate of return for the investment is provided below:-

we need to first find out the accounting profit and depreciation

where

Accounting Profit = Annual Cash Inflow - Depreciation

and

Depreciation = Investment required in equipment ÷ Life of investment

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= $2,433.33

now we will put the value by using the accounting profit formula.

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= $6,166.67

So,

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= 16.89%

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3 years ago