Of the Following Which Best Describes an Annuity

An annuity is a long-term investment that is issued by an insurance company designed to help protect you from the risk of outliving your income. Which of the following best describes an annuity.

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Equal cash flows at equal time intervals forever.

. A The first payment is one period after the present value. B The policy generates immediate cash value. Asked Sep 24 2015 in Business by MangaLover.

20 Which of the following properly describes the future value of an ordinary annuity. Without information about the appropriate interest rate we cannot tell which annuity is better Answer. Lumpy cash flows at equal time intervals for a specific time period.

Equal regular deposits are made into an account earning interest. An annuity for which the cash flows occur at the beginning of each time period is called an. The ordinary annuity b.

A lifetime income provider to a retiree. A The period of time during which accumulated money is converted into income payments. Which of the following best represents what is meant by life insurance creates an immediate estate.

Annuities provide guaranteed income for life by systematically liquidating the sum of money that has accumulated in the annuity. A series of payments to be received during a period of time. If the series of payments is of different values or at different intervals it.

One is an annuity due while the other is an ordinary annuity. Period of time from effective date of contract to the date of its termination. A periodic annuity is a payment or receipt of a fixed amount of money each period.

Which of the following best describes what the annuity period is. The annuity due c. Which Of The Following Most Accurately Describes An Annuity.

D The last payment is on the same date as the future value. A The policy has cash values and nonforfeiture values. B a series of unequal cash payments made at equal time intervals.

The accumulation phase is the pay-in period during which premiums are paid into the annuity. An investment which produces increasing cash flows over time. A series of unequal cash payments made at equal time intervals b.

B The last payment is one period after the future value. The present value of a set of. Which of the following statements best describes an ordinary annuity.

Uniform payments and equal time intervals such as months quarters or years are the two characteristics that make a series of payments an annuity. The term annuity due is used to describe a monthly payment that increases by the same amount each month. A series of payments to be received at a common interval during a period of time.

A series of payments to be received at a common interval during a period of time. Which annuity would you choose. An annuity is a series of payments of equal size at equal intervals.

Annuities are most accurately described as a stream of equal cash payments made at equal time intervals. A stream of equal cash payments made at. Payment at the beginning of the year.

Equal cash flows at equal time intervals for a specific time period. Period of time during which money is accumulated in an annuity D. What is accumulation planning.

Which of the following best describes the structure of an annuity. C The death benefit will always be paid to the estate of the insured. A an investment which produces increasing cash flows over time.

C a stream of equal cash payments made at equal time intervals. Period during which accumulated money is converted into income B. Which of the following best describes an annuity due.

A series of payments to be received during a period of time. Payment at the beginning of the year. C The first payment is on the same date as the present value.

The accumulation phase is the pay-in period during which premiums are paid into the annuity. Which of the following best defines the purpose of the NAIC Annuity Suitability Model Regulation. Which of the following best describes an annuity.

An annuity where the cash flows continue forever is called a. An alternative to certificates of deposit. Which of the following best describes what the annuity period is.

Deposits are made at random whenever you have extra money into an account earning interest. A level stream of payments occuring at equal intervals of time. A series equal payments to be received at a common interval during a period of time.

A lump sum is deposited into an account earning compound interest. The present value of a set of payments to be received during a future period of time. A series of unequal cash payments made at equal time intervals.

Through annuitization your purchase payments what you contribute are converted into periodic payments that can last for life. 1 answer below. An ordinary annuity is a series of equal payments made at the end of each period for a.

An insurance policy for retirement. What else is an annuity best described as. О The Present Value Of A Set Of Payments To Be Received О The Present Value Of A Set Of Payments To Be Received Apr 04 2022 0323 PM.

Lumpy cash flows at equal time intervals forever. The purpose of this regulation is to require producers as defined in this regulation to act in the best interest of the consumer when making a recommendation of an annuity and to require insurers to establish and maintain a system to supervise. Which Of The Following Best Describes The Structure Of An Annuity.

A term that does not apply to mortgage payable or bond payable. Which of the following most accurately describes an annuity. Period of time from the accumulation period to the annuitization period C.

A stream of equal cash payments made at equal time intervals d. Which of the following most accurately describes an annuity. B The period of time spanning from the accumulation period to the annuitization period.

Annuities provide guaranteed income for life by systematically liquidating the sum of money that has accumulated in the annuity. A The period of time during. Which of the following best describes the accumulation phase of an annuity.

A regular annuity is a regular payment at the end of each period that. 1 See answer Advertisement Advertisement rjwellbeniga rjwellbeniga Answer. Equal cash flows at equal time intervals for a specific time period.

An investment which produces increasing cash flows over time. Which of the following best describes the accumulation phase of an annuity. A series equal payments to be received at a common interval during a period of time.

Either one because the annuities have the same present value d. A term that does not apply to mortgage payable or bond payable c. C The period of time during which money is accumulated in an annuity.

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The First Longevity Annuity Created Specifically To Meet The New Qlac Federal Regulations Has Been Introduced Annuity Investing For Retirement Lifetime Income

Solved Which Of The Following Best Describes An Annuity Chegg Com