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What is an annuity?
An annuity is a fixed sum of money paid to someone each year, typically for the rest of their life.
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Asked 4/3/2014 11:14:15 PM
Updated 4/3/2014 11:38:40 PM
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An annuity is a fixed sum of money paid to someone each year, typically for the rest of their life.
Added 4/3/2014 11:38:40 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [4/3/2014 11:50:34 PM]
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Questions asked by the same visitor
Which of the following is a short-term financial goal? A. Saving for retirement B. Saving for college C. Buying a birthday gift for a friend D. Buying a house
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Updated 4/2/2014 11:37:55 AM
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Buying a birthday gift for a friend is a short-term financial goal.
Added 4/2/2014 11:37:55 AM
This answer has been confirmed as correct and helpful.
What is financial risk?
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Updated 4/3/2014 11:17:57 PM
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Financial risk is an umbrella term for multiple types of risk associated with financing, including financial transactions that include company loans in risk of default.
Added 4/3/2014 11:17:57 PM
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What is fraud?
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Updated 4/3/2014 11:40:36 PM
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Fraud is defined as wrongful or criminal deception intended to result in financial or personal gain.
Added 4/3/2014 11:40:36 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [4/3/2014 11:44:31 PM]
What is a 401(k) account?
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Updated 4/3/2014 11:37:18 PM
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A 401(k) plan is the common name in the USA for the tax-qualified, defined-contribution pension account defined in subsection 401(k) of the Internal Revenue Code.
Added 4/3/2014 11:37:18 PM
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Which type of investment income happens when an investor sells ownership in an equity investment that's gained value? A. Dividends B. Interest C. Equity gains D. Capital gains
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Updated 4/3/2014 11:41:50 PM
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CAPITAL GAINS happens when an investor sells ownership in an equity investment that's gained value.
Added 4/3/2014 11:41:50 PM
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