With respect to the current interest rates that are declared and credited to traditional fixed annuities, which of the following

Question

postnew [5]

2 years ago

8

With respect to the current interest rates that are declared and credited to traditional fixed annuities, which of the following

statements is true?

Law

1 answer:

Maksim231197 [3] · Answer 1 · 2022-04-08T23:06:56+03:00

Answer:

A fixed annuity is an insurance contract that pays a guaranteed rate of interest on the owner's contributions and later provides a guaranteed income

Explanation:A fixed annuity is an insurance contract that pays a guaranteed rate of interest on the owner's contributions and later provides a guaranteed income