Answered: Who is the person who will receive…

Who is the person who will receive lifetime payments from an annuity? OA) Administrator O B) Decedent OC) Executor OD) Annuitant

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter11: Capital Budgeting Decisions

Section: Chapter Questions

Problem 9MC: The process that determines the present value of a single payment or stream of payments to be...

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Who is the person who will receive lifetime payments from an annuity? OA) Administrator O B) Decedent OC) Executor OD) Annuitant

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Name and describe the benfits/features of annuity due, ordinary annuity, and perpetuity.
(i) The present value of the perpetuity. (ii) The Macaulay duration of the perpetuity.
The process that determines the present value of a single payment or stream of payments to be received is ________. A. compounding B. discounting C. annuity D. lump-sum
what is meant by perpetuity? explain
Which of the following statements about an accrual annuity is correct? Select one: a. The taxable portion of an accrual annuity is always higher than that of a prescribed annuity b. The taxable portion of an accrual annuity is higher in earlier years and lower in later years C. The taxable portion of an accrual annuity is lower in earlier years and higher in later years d. The taxable portion of an accrual annuity is always lower than that of a prescribed annuity
Under a deferred annuity owned by a nongrantor trust, how does the annuity's death benefit operate?(Search Chapter 6) a. The death of the trust grantor triggers payout of the contract's death benefit and termination of the contract. b. The death of the primary annuitant triggers payout of the contract's death benefit and termination of the contract. c. The death of the trust beneficiary triggers payout of the contract's death benefit and termination of the contract. d. Annuities owned by a trust can continue in perpetuity; since trusts do not die, there is no death benefit payable from an annuity owned by a trust.
The process that determines the present value of a single payment or stream of payments to be received is ________. A) discounting B) lump-sum C) annuity D) compounding
Explain different types of Annuity and perpetuity concept.
Which of the following are correct tax-free exchanges? Life insurance for life insurance Life insurance for an annuity An annuity for an annuity An annuity for a life insurance policy 1 only 1, 2 1, 2, 3 1, 2, 3, 4
Identify which is taxable? A. Proceeds of life insurance received by heirs B. Excess amount received over premiums paid by insured upon surrender of policy C. Compensation for personal injuries of an employee D. Indemnification for moral damages
Price of perpetuity
Need help how to get the final answer? using Deferred Annuity?