Question.4392 - Ch. 8 Written Assignment 2 (Video Activity)DetailsPractical Example of AnnuitiesWatch the video "What is an Annuity?" [5min 22sec] and answer the following two questions:(Source: allianzus. (2019, July 30). What is an annuity? [Video]. YouTube. https://www.youtube.com/watch?v=xZlortwSdSg)1. What is the primary difference between a fixed annuity and a variable annuity?2. Annuities are often recommended to retirees and seniors. Why would a fixed annuity be more attractive to such a person than a variable annuity?
Answer Below:
What xx the xxxxxxx difference xxxxxxx a xxxxx annuity xxx a xxxxxxxx annuity xxx key xxxxxxxxxx between xxxxx and xxxxxxxx annuities xxxx in xxx the xxxxxxx are xxxxxxxxxx A xxxxx annuity xxxxxx a xxxxxxxxxx interest xxxx on xx investment xx the xxxxxxxx knows xxxxxxx how xxxx his xxxxx will xxxx over xxxx A xxxxxxxx annuity xx the xxxxx hand xxxxxxx money xx the xxxxxx like x mutual xxxx so xxx return xxxxxxx on xxxxxx performance xxxx means xxx gains xxxxx be xxxxxx than x fixed xxxxxxx but xxx investor xxxx risks xxxxxx money xx the xxxxxx declines xxxxxxxxx are xxxxx recommended xx retirees xxx seniors xxx would x fixed xxxxxxx be xxxx attractive xx such x person xxxx a xxxxxxxx annuity xxxxx annuities xxxxxx more xx retirees xxx seniors xxxxxxxx to xxxxxxxx annuities xxxxxxx they xxxxxxxxxx guaranteed xxxxxx and xxxxxxxxx over xxxxxxxxxxx higher xxxxxxx Fixed xxxxxxxxx offer x steady xxxxxxxxxxx stream xx income xxx to xxxxx locked-in xxxxxxxx rates xxxxx is xxxxxxx for xxxxxxxx who xxxx on xxxxx savings xx meet xxxxxxx expenses xxxxxxxx annuities xxxxx offering xxx chance xxx higher xxxxxx come xxxx market xxxx which xxx be xxxx desirable xxx retirees xxx may xxx have x long-time xxxxxxx to xxxxxxx from xxxxxxxxx lossesMore Articles From FIN 320 91 - Principles of Finance
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