With an Equity-Indexed Annuity, What Name Is Given to the Method

question 40

Multiple Choice

With an equity-indexed annuity, what name is given to the method of crediting excess interest to the annuity?

• A) the capitation method
• B) the indexing method
• C) the distribution method
• D) the earnings method

Calculate the simple interest rate given the initial and maturity values of an investment.

Determine the interest earned on an investment over a specific period.

Calculate the principal amount of a loan or investment given the interest rate and time period.

Identify the amount of money that can be withdrawn from an account to still achieve a desired monthly interest income.