Which of the following annuities would be the MOST expensive? Single premium str
ID: 2726930 • Letter: W
Question
Which of the following annuities would be the MOST expensive? Single premium straight life annuity Single premium joint and 2/3 survivor annuity Single premium joint and 2/3 sun/Ivor variable annuity Single premium joint and 80% survivor variable annuity Cannot be determined from the given information which or the following annuities would be the MOST expensive? If you had $1 million with which to purchase an annuity for your retirement. which of the following would give you the HIGHE3T monthly liquidation payment?Explanation / Answer
Option D is correct.
The financial instruments with higher amount of guarantees costs higher.
The annuity in option D has following guarantees:
It has the highest amount of benefits, so it will cost the highest.
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