This topic contains a solution. Click here to go to the answer

Author Question: Which of the following statements is nottrue of annuities? (Read 27 times)

sammy

  • Hero Member
  • *****
  • Posts: 818

Question 1

Use the following two columns of items to answer the matching questions below:


◦ a financial contract that provides annual payments over a specified period
◦ a fee imposed on money withdrawn from an annuity

Question 2

Which of the following statements is 
not true of annuities?


◦ They can provide annual payments for life.
◦ They provide no tax advantages.
◦ They generally have high fees.
◦ You can withdraw your investment as a lump sum.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by sammy on Apr 14, 2019

gcook

  • Sr. Member
  • ****
  • Posts: 343
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly



sammy

  • Hero Member
  • *****
  • Posts: 818
Thank you!



gcook

  • Sr. Member
  • ****
  • Posts: 343
Always glad to help...



 

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

For a complete list of videos, visit our video library