Contingent Annuities

question 103

Multiple Choice

Contingent annuities:

• A)Have a fixed amount of payments
• B)Pay for 30 years
• C)Are only paid by the month
• D)Have no fixed amount of payments
• E)None of these

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Definitions:

Physiological Component

The aspects of a biological system or function that are physical and chemical in nature, such as the body's response to stimuli.

Emotional Experience

The array of feelings arising from stimuli or situations that an individual encounters, encompassing reactions such as joy, sorrow, fear, and anger.

Behavioural Component

In psychology, relates to the actions or reactions of an individual in response to external or internal stimuli.

Physiological Component

The aspects of a biological or psychological phenomenon that are related to the functions of living organisms and their parts.