Premiums paid into a variable annuity purchase which of the following?

A. annuity units
B. accumulation units
C. purchased units
D. paid-up units

Ans: B. accumulation units

Business

You might also like to view...

An effective ________ process can help to obtain favorable conditions, reduce transaction costs, and, ultimately, create customer goodwill as it helps to efficiently fulfill customer orders

A) procure-to-pay B) procure-to-buy C) find-to-buy D) procure-to-sell E) find-to-sell

Business

Assume that your firm must pay 10,000,000 rupees to an Indian firm. How much will you have to pay in U.S. dollars?

A) $1,817,670 B) $181,767 C) $550,155 D) $5,502

Business