Question
Your variable annuity has a mortality and expense risk charge at an annual rate of 1.25 percent of account value. Your average account value during
Your variable annuity has a mortality and expense risk charge at an annual rate of 1.25 percent of account value. Your average account value during the year is $30,000. What are your mortality and expense risk charges for the year?
Mortality and expense risk charges:
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Real Estate Finance
Authors: John P. Wiedemer, Keith J. Baker
9th edition
324181426, 324181425, 978-0324181425
