Fill in the blanks with an appropriate word, phrase, or symbol(s). A variable annuity is an annuity

Question:

Fill in the blanks with an appropriate word, phrase, or symbol(s).

A variable annuity is an annuity that is invested in stocks, bonds, mutual funds, or other investments that do not provide a(n) ________ interest rate.

Annuity
An annuity is a series of equal payment made at equal intervals during a period of time. In other words annuity is a contract between insurer and insurance company in which insurer make a lump-sum payment or a series of payment and, in return,...

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