Ask Question
BusinessBusiness
20 February, 06:09

Which of the following is an example of an annuity? A fund that invests in technology companies and distributes quarterly dividends for two out of four quarters per year but not always the same quarters A retirement fund set up to pay a series of regular payments

+1
Answers (1)
  1. 20 February, 08:51
    0
    The correct answer is letter "B": A retirement fund set up to pay a series of regular payments.

    Explanation:

    An annuity is a financial product intended to pay a fixed sum of cash in the future. Annuities are usually used to guarantee regular income in later years as a retirement fund. When an individual purchases an annuity, the individual agrees to pay a lump sum in advance or to make a regular schedule of deposits to a financial institution that is usually an insurance company.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of the following is an example of an annuity? A fund that invests in technology companies and distributes quarterly dividends for two ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
You own a company that produces jewelry with attractive, popular designs but uses resources that makes the product too expensive for most potential buyers. Which of the following would you do to increase efficiency?
Answers (1)
The beat your doctor listens to through a stethoscope is the sound of the four valves opening and closing question 1 options: a. True b. False
Answers (2)
19. When Congress passed a law that imposed a tax designed to fund its Social Security and Medicare programs, it wanted employers and workers to share the burden of the tax equally.
Answers (1)
Following are selected transactions for Vitalo Company. Nov. 1 Accepted a $6,000, 180-day, 8% note dated November 1 from Kelly White in granting a time extension on her past-due account receivable. Dec.
Answers (2)
A 5.5 percent corporate coupon bond is callable in four years for a call premium of one year of coupon payments. Assuming a par value of $1,000, what is the price paid to the bondholder if the issuer calls the bond? (Assume annual interest payments.
Answers (1)
New Questions in Business
Consider a service company that provides carpet cleaning. Classify the cost of the hourly workers who clean carpets for customers. a. Variable b. Direct
Answers (1)
Work telephone numbers for your coworkers would most likely be found using a. directory assistance b. a company directory c. a yellow pages directory d. none of the above
Answers (1)
During January, time tickets show that the factory labor of $7,000 was used as follows: Job 1 $2,300, Job 2 $1,780, Job 3 $1,570, and general factory use $1,350. Prepare a summary journal entry to record factory labor used.
Answers (1)
One widespread trend under way in business today that will affect the goals of the organization you work for is: Select one: a. social intelligence b. new media adaptations c. an increased focus on ethical and socially responsible behavior d.
Answers (1)
A high-profile consulting company chooses its new entry-level employees from a pool of recent college graduates using a five-step interview process.
Answers (1)
Home » Business » Which of the following is an example of an annuity? A fund that invests in technology companies and distributes quarterly dividends for two out of four quarters per year but not always the same quarters A retirement fund set up to pay a series of
Sign Up Forgot Password?