Question: 13. Calculating a Mortality and Expense Risk Charge. Your variable annuity has a mortality and expense risk charge at an annual rate of 1.25 percent

13. Calculating a Mortality and Expense Risk Charge. Your variable annuity has a mortality and expense risk charge at an annual rate of 1.25 percent of account value. Your average account value during the year is $20,000. What are your mortality and expense risk charges for the year? (Obj. 6)

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