The Primary Difference Between Fixed and Variable Annuities Is That

question 67

Multiple Choice

The primary difference between fixed and variable annuities is that

• A)variable annuities have variable monthly payments during the accumulation period.
• B)the investment return on fixed annuities doesn't change.
• C)the value of the variable annuity can both increase and decrease.
• D)the annuity starting date can be changed for the variable annuity.

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Definitions:

Internal Validity

The degree to which changes in the dependent variable are due to the manipulation of the independent variable.

Placebo Effect

A phenomenon where patients improve or symptoms are alleviated after receiving a treatment that has no therapeutic effect, attributed to the patient's belief in the treatment's efficacy.

Sensory Deprivation

A condition in which an individual experiences a significant reduction in sensory input, which can lead to various cognitive and psychological effects.

Altered Perception

A change in the way an individual senses or interprets their environment, often associated with neurological conditions or substance use.