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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
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