Question: Shellys variable annuity has a mortality and expense risk charge at an annual rate of 1.5 percent of account value. Her account value during the

Shellys variable annuity has a mortality and expense risk charge at an annual rate of 1.5 percent of account value. Her account value during the year is $105,000. What was Shellys mortality and expense risk charge for the year?

Mortality and expense risk charge

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