49. All of the following are elements of a suitable annuity Oa. determining the client's needs ob. matching the client's needs with the appropriate product design Oc disclosing the facts associated with the product Od. allocating the full amount of the initial premium investment into a guaranteed subaccount

49. All of the following are elements of a suitable annuity Oa. determining the client's needs ob. matching the client's needs with the appropriate product design Oc disclosing the facts associated with the product Od. allocating the full amount of the initial premium investment into a guaranteed subaccount

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter11: Capital Budgeting Decisions

Section: Chapter Questions

Problem 9MC: The process that determines the present value of a single payment or stream of payments to be...

See similar textbooks

Similar questions

Present value of an annuity Consider the following cases. Case Annuity payment A $ B C D E 12,000 55,000 700 140,000 22,500 Interest rate 7% 12 20 5 10 Annuity length (years) 3 15 9 7 5 a. Calculate the present value of the annuity, assuming that it is (1) An ordinary annuity. (2) An annuity due.
The retirement income payable from which of the following retirement income benefit programs is independent of the performance of any underlying investment portfolio? OA. RRSP OB. CPP OC. DCPP OD. TFSA COORD
Explain different types of Annuity and perpetuity concept with appropriate examples.
Differentiate annuity dues and deferred annuities.
In order to recognize a question that requires fv of an annuity formula rather than just fv, noticing if interest is compounded?
III. Create two or three word problems that involve the concepts of Annuity. Consider different types of annuity in creating the problems. Make sure to justify the type of annuity in each of the problem and don't forget to provide all the necessary solution/answer. Noto: Tha.
From the table below, answer comprehensively the following subparts: a. Which plan do you prefer? Why? b. How does duration affect the future value of an annuity? c. How does compounding period affect the future value of an annuity?
What are the primary characteristics of an annuity? Differentiate between an “ordinary annuity” and an “annuity due.” Explain how the present value of an ordinary annuity interest table is converted to the present value of an annuity due interest table.
look over the three most important components of the pension expense. The treatment of expected and actual return on plan assets, particularly when the actual return is greater than the expected, the amortization of prior service cost and the unexpected gain/ loss. Discuss the accounting treatment of these items with suitable examples.
Differentiate Simple and General Annuity; and briefly discuss the subtypes of each.
Name and describe the benfits/features of annuity due, ordinary annuity, and perpetuity.
Which of the following cannot be calculated? Select one: a. the interest rate on perpetuity given the present value and payment amount b. the present value of an annuity due c. the present value of a perpetuity d. the future value of a perpetuity