Question:

ABC Insurance offers an annuity with a minimum interest rate

Last updated: 2/5/2024

ABC Insurance offers an annuity with a minimum interest rate

ABC Insurance offers an annuity with a minimum interest rate of 4 APR for the next 5 years You decide to invest 500 each year into this account Wha type of annuity is this OA Single payment variable annuity B Recurring payment fixed annuity C Recurring payment variable annuity D Single payment fixed annuity