Which of the following statements is (are) true concerning settlement options?

I. A straight life annuity provides the lowest amount of periodic income of all the life income options.
II. Fixed-period and fixed-amount are life income options.
A) I only
B) II only
C) both I and II
D) neither I nor II


Answer: D

Business

You might also like to view...

During the interview, a candidate should ask questions about

A) salary. B) when they can expect to be given an offer. C) what the company is looking for in a new employee. D) the major competition of the company. E) critical weaknesses of the company and how the company plans to address them.

Business

The world's newest common market includes all of the following countries except:

A) Kenya B) Tanzania C) Rwanda D) Nigeria E) Burundi

Business

How does privacy relate to output control?

Business

Advertising elasticities were estimated to be higher for established (0.3 ) than for new (0.1 ) products

Indicate whether the statement is true or false

Business