Question: At the time he purchased his variable annuity, Ahmed directed $ 5 , 0 0 0 of his premium into Subaccount A when the unit

At the time he purchased his variable annuity, Ahmed directed $5,000 of his premium into Subaccount A when the unit value was $10. A year later, the unit value had increased to $15. Assuming he made no additional premium deposits, what is the value of Ahmed's investment in Subaccount A now?
a. $25,000
b. $16,666
c. $7,500
d. $8,333
Which feature of indexed annuities prevents any negative index returns from affecting the contract's previously credited and accumulated values?
a. the participation rate
b. the cap
c. the margin
d. the floor
For an indexed annuity, what is credited to the contract at the end of each interest crediting term?
a. the index interest rate
b. the minimum guaranteed interest rate
c. the index interest rate or the minimum guaranteed interest rate, whichever is greater
d. the index interest rate or the minimum guaranteed interest rate, whichever is less
 At the time he purchased his variable annuity, Ahmed directed $5,000

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