An Annuity in Which You Receive an Income for the Rest

question 57

Multiple Choice

An annuity in which you receive an income for the rest of your life, but no payments are made to anyone after your death is called:

• A)fixed-term annuity.
• B)life annuity.
• C)installment refund annuity.
• D)Registered Retirement Income Fund.
• E)money purchase pension plan

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Definitions:

Louis Thurstone

An influential psychologist best known for his contributions to psychometrics and the theory of multiple intelligences.

Howard Gardner

An American developmental psychologist best known for his theory of multiple intelligences, which suggests that there are several types of intelligence that are distinct from each other.

Alfred Binet

A French psychologist best known for his role in developing the first intelligence tests in the early 20th century.

Multiple Intelligences

A theory proposing that individuals have a variety of distinct forms of intelligence that reflect different ways of interacting with the world.