8. The returns of indexed annuity are based on a) The Investment decisions b) The performance...

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8. The returns of indexed annuity are based on a) The Investment decisions b) The performance of securities c) The performance of stock market index d) None of the above 9. A type of annuity where the payments are made at the end of each period is called as a) Annuity due b) Ordinary annuity c) Variable annuity d) None of the above 10. Simple discount is calculated based on a) Maturity value b) Principal c) Proceeds d) None of the above 8. The returns of indexed annuity are based on a) The Investment decisions b) The performance of securities c) The performance of stock market index d) None of the above 9. A type of annuity where the payments are made at the end of each period is called as a) Annuity due b) Ordinary annuity c) Variable annuity d) None of the above 10. Simple discount is calculated based on a) Maturity value b) Principal c) Proceeds d) None of the above

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8 The indexed Annuity returns are often misunderstood to be calculated on rate of investmen... View the full answer