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I need help on questions 8,9,10 please!! B. For an indexed annuity, what is credited to the contract at the end of each interest crediting
I need help on questions 8,9,10 please!! B. For an indexed annuity, what is credited to the contract at the end of each interest crediting term? a. the index interest rate b. the minimum guaranteed interest rate c. the index interest rate or the minimum guaranteed interest rate, whichever is greater d. the index interest rate or the minimum guaranteed interest rate, whichever is less 9. Darcy owns an indexed annuity. The index that supports her annuity was at 1000 when the contract's interest crediting period began and 1200 when the crediting period ended. What is the index increase? a. 10 percent b. 20 percent c. 40 percent d. 200 percent 10. With regard to the investment of a fixed annuity's assets, which of the following statements is true? a Premiums are invested into the insurer's separate account. b. Premiums are directed into the insurer's general account c. Premiums are invested at the owner's option into either secure bond or fixed interest accounts. d. Premiums are directed at the owner's option into either government-issued Treasury bills or money market accounts
I need help on questions 8,9,10 please!!
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