Sophia Quitasol Gen Math 11 STEM Rizal

Post-Test
1.A 6. A 11. B
2.C 7. C 12. A
3.C 8. C 13. B
4.D 9. D 14. C
5.B 10. A 15. A
What I have Learned
A.
1. Present
2. Periodic Payment
3. Period of Deferral
4. Deposit
B.
1. The benefit of a deferred annuity is that deferred annuity is a
popular way to structure an annuity for those seeking retirement
income.
2. Yes, it is a good investment, long-term investment to be exact.
3. Both grace periods and deferments are periods of time during
which a borrower does not have to pay a lender money toward a
loan. Grace periods tend to be built into loan terms, whereas most
deferments require application and documentation.
C.
Fixed annuity is a type of insurance contract that promises to pay
the buyer a specific, guaranteed interest rate on their contributions
to the account.
Indexed Annuity are complex financial instruments that have
characteristics of both fixed and variable annuities. Indexed annuities
offer a minimum guaranteed interest rate combined with an interest
rate linked to a market index.
Longevity Annuity is when insured party deposits a premium
payment into the contract today and in exchange, receives a
guaranteed income stream for life beginning at a pre-determined
future date.
Variable Interest is an interest rate on a loan or security that
fluctuates over time because it is based on an underlying benchmark
interest rate or index that changes periodically.