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.
If 'x' is the highest common factor (HCF) of 288 and 272, what is the product of the digits of 'x'?
The ratio of two numbers is 6:14 and their LCM is 126. The numbers are:
The least number which when divided by 3, 9, 12 and 16 leave zero remainder in each case and when divided by 17 leaves a remainder of 8 is:
A sum was lent at simple interest for 2.5 years. If the rate had been 7.5% more, the interest would have been Rs. 375 extra. What was the amount lent?
The greatest number of four digits which when divided by 8, 10, 12 leave remainders 5, 7, 9 respectively is:
- The product of two numbers is 198 and their HCF is 11. What is the LCM of these two numbers?
The HCF and LCM of the two numbers are 225 and 306 respectively. When the first number is divided by 3, the quotient is 15. The other number is.
The HCF and LCM of two natural numbers are 16 and 44, respectively. What is the difference between the two numbers, if one of the numbers is 22?
The least number which when divided by 4, 7, 9, 11, and 13 leaves the same remainder 1 in each case, is:
Find the GCD of 1.08, 0.36 and 0.9.
