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

Author Question: Which of the following statements is nottrue of annuities? (Read 39 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◦ a fee imposed on money withdrawn from an annuity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?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

For a complete list of videos, visit our video library