Question: value: 2.50 points Problem 10-13 (LO10.4) Shelly's variable annuity has a mortality and expense risk charge at an annual rate of 1.75 percent of account

value: 2.50 points Problem 10-13 (LO10.4) Shelly's variable annuity has a

value: 2.50 points Problem 10-13 (LO10.4) Shelly's variable annuity has a mortality and expense risk charge at an annual rate of 1.75 percent of account value. Her account value during the year is $80,000. What was Shelly's mortality and expense risk charge for the year? Mortality and expense risk charge

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