HarleyHusky8563 HarleyHusky8563

18-03-2020
Mathematics

contestada

what is the name of a financial product offered by insurance companies to which a person makes contributions and from which the person immediately or later begins receiving payments? A. Annuity B. Bond C. CD ladder D. money-market account

thank you!

Respuesta :

LODZYBELLS LODZYBELLS

21-03-2020

Answer:

a. Annuity

Step-by-step explanation:

By investing into a bond or equity, an insurance company helps the customer (mostly retirees) to securely invest his contribution which results in guaranteed income at low interest rate which can also be called Annuity

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davidvasquez2 davidvasquez2

07-04-2021

Answer:

it is annuity

Step-by-step explanation:

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