A township contains
A) 6 square miles.
B) 640 acres.
C) 23,040 square feet.
D) 36 sections.
Answer: D) 36 sections.
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Keith has purchased a variable annuity. He has not waived his rights during the freelook period. Where will the premiums be initially invested during the free-look period?
A. The policy's separate account B. A fixed income or money market account C. A stock portfolio chosen by the insured D. The insurer's general account for preservation of fund value
Eri sold her residence, which she owned free and clear. She paid $2,583.60 in closing costs, plus a commission of 6% of the selling price, paid to her real estate broker. She received a closing check from escrow for $183,480. Which figure is closest to the selling price?
A. $174,900 B. $175,532 C. $192,443 D. $197,940