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Exam Review Exam Text Size: A A A 1-10 11-20 21-25 11. At the time he purchased his variable annuity, Ahmed directed $5,000 of

Exam\ Review Exam\ Text Size:\ A A A\ 1-10\

11-20

\ 21-25\ 11. At the time he purchased his variable annuity, Ahmed directed

$5,000

of his premium into Subaccount

A

when the unit value was

$10

. A year later, the unit value had increased to

$15

. Assuming he made no additional premium deposits, what is the value of Ahmed's investment in Subaccount A now?\ a.

$25,000

\ b.

$16,666

\ c.

$7,500

\ d.

$8,333
image text in transcribed
11. At the time he purchased his variable annuity, Ahmed directed $5,000 of his premium into Subaccount A when the unit value was $10. A year later, the unit value had increased to $15. Assuming he made no additional premium deposits, what is the value of Ahmed's investment in Subaccount A now? a. $25,000 b. $16,666 c. $7,500 d. $8,333

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