Rick purchased an annuity, making a single lump-sum payment on September 1. His benefits began on October 1 . What kind of annuity did Rick buy?

Also referred to as SSerror, ________ is the variation in Y due to the variation within each of the categories of X. This variation is not accounted for by X

A) SSx B) SSwithin C) SSbetween D) SSy

Debt is generally the least expensive source of capital. This is primarily due to ________

A) the fixed interest payments B) the priority of claims on assets and earnings in the event of liquidation C) the tax deductibility of interest payments D) the secured nature of a debt obligation