1. Billy purchased a variable annuity with a single premium of $125,000. The variable annuity has a return of premium death benefit as part of the base contract. He also purchased an earnings enhanced death benefit rider. The earnings enhanced death benefit rider pays 30% of any earnings in the contract as of the date of death. Determine the amount of the death benefit paid out if the account value as of the date of death is: a. $100,000 b. $150,000 c. $200,000 2. Betty purchased a variable annuity with a single premium of $55,000. She purchased a GMAB rider that guarantees that the account value at the end of years will be no less than 120% of her initial premium, provided that the contract is still in force at that time and that she has not taken any partial withdrawals during those 10 years. How much will the insurance company have to deposit into her account, if any, at the end of 10 years if: a. She has not taken any partial withdrawals and the account value is $50,000. b. She has not taken any partial withdrawals and the account value is $65,000. c. She has taken two partial withdrawals and the account value is $50,000