Question
The conversion of the account balance of a deferred
annuity contract to income payments is termed as?Solution
Annuitization is the process of converting an annuity investment into a series of periodic income payments. Annuities may be annuitized for a specific period or for the life of the annuitant. Annuity payments may only be made to the annuitant or to the annuitant and a surviving spouse in a joint life arrangement. Annuitants can arrange for beneficiaries to receive a portion of the annuity balance upon their death.
Northbridge and Southbridge form a part of ______________.
Which of the following is not an extension for audio files?
Which one of the following is different from other members ?
What is the main purpose of the 'cache memory' in a computer system?
_________ is billionth of a second.
The most common kind of wire that is installed to your home is _____________.
Which of the following is not a Microsoft product?
Which of the following keyboard shortcuts is used to switch to the last tab of the Chromebrowser?
The horizontal bar at the top of a window, bearing the name of the program and typically the name of the currently active document is called ___________...
In the context of databases, what does the term ACID stand for?