edmundg7916 edmundg7916
  • 22-03-2018
  • Mathematics
contestada

which type of annuity typically utilizes mutual funds

Respuesta :

Louli
Louli Louli
  • 01-04-2018
Answer:
variable annuity typically provides mutual funds

Explanation:
1- Annuity is commonly used financial product among the retirees to get regular income.
2- Annuity usually pays a fixed amount each month
3- variable annuity is different because the amount of funds paid each month varies depending on how the investment performs each month.

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