Question: The investment return on a variable annuity is based on (A) the performance of the securities held in the separate account (B) the annuitys assumed

The investment return on a variable annuity is based on

(A) the performance of the securities held in the separate account

(B) the annuity’s assumed interest rate

(AIR)

(C) the performance of the insurance company’s general account

(D) a calculation based on the consumer price index (CPI)

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