Question: Question 7 (1 point) Listen Sam bought an annuity with a single deposit of $12,000 and invested the funds in a newly issued segregated fund

Question 7 (1 point) Listen Sam bought an annuity with a single deposit of $12,000 and invested the funds in a newly issued segregated fund with a unit value of $10. This annuity offers a 75% guarantee on segregated fund deposits at death of the annuitant or maturity of the plan. Sam has experienced a personal Financial crisis and needs to withdraw $3,000 from his deferred annuity. What will the death benefit guarantee of the annuity become if Sam withdraws the $3.000 when the fund unit value is $122 The annuity uses the proportional withdrawal method to adjust its guarantees $7.125 $9.500 $9.000 $6.750

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