Which One of the Following Is an Example of an Annuity

question 11

Multiple Choice

Which one of the following is an example of an annuity?

• A) the receipt of $50 in January, March, April, June, August, September and December
• B) the payment of $259 a month for three consecutive years
• C) the payment of $389 in January, $200 in February, and $200 in March
• D) the receipt of $100 a month for three months and then $150 a month for two months

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Definitions:

Subordinates' Behavior

The actions and interactions of employees directed by individuals in higher positions within the organizational hierarchy.

Faith-Based Businesses

Enterprises that are grounded in and operate according to the principles of a particular faith or religious set of beliefs, often integrating moral and ethical considerations into business practices.

Compensation

The total amount of the monetary and non-monetary pay provided to an employee by an employer in return for the work performed as required.

Benefits Packages

A combination of non-wage compensations provided to employees in addition to their salaries or wages, including health insurance, paid time off, retirement plans, and more.