Life Annuity Payments Are Made Up of All of the Following

question 13

Multiple Choice

Life annuity payments are made up of all of the following EXCEPT

• A)return of premiums.
• B)interest earnings.
• C)unliquidated principal of annuitants who live too long.
• D)unliquidated principal of annuitants who die early.

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Definitions:

Child Support

Financial contributions required by law to be made by a non-custodial parent to support their minor children.

Economic Well-Being

refers to the overall financial health of an individual, community, or nation, measured by factors such as income, employment, and access to resources.

Child Support Payments

Financial contributions one parent makes to another for the expenses incurred for their children following a separation or divorce.

Emotional Health

Emotional health is a state of well-being where individuals are aware of and able to manage their emotions, cope with stress in a healthy way, and maintain positive relationships.