Question: Bridget started to fund a variable annuity. Three years later, she experienced financial difficulty. She called her agent and cancelled the contract. The insurer returned

Bridget started to fund a variable annuity. Three years later, she experienced
financial difficulty. She called her agent and cancelled the contract. The insurer
returned all but 4 percent of the account balance. The 4 percent kept by the insurer
is a(n)
Bridget started to fund a variable annuity. Three years later, she

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