Which of the Following Is a Charge You Will Pay

question 48

Multiple Choice

Which of the following is a charge you will pay when you purchase a variable annuity?

• A) Surrender charge.
• B) Mortality and expense risk charge.
• C) Administrative fee.
• D) Fund expense.
• E) All of these.

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Definitions:

Accounts Receivable

Money owed a company by its clients or customers who have promised to pay for the products at a later date.

Commercial Paper

A written promise from one company to another to pay a specific amount of money.