IIA
IIA-CFSA · Question #107
In case of an annuity with a spread of 3%, if the index gained 9%, the return credited to the annuity would be:
The correct answer is C. 6%. See the full explanation below for the reasoning.
Question
In case of an annuity with a spread of 3%, if the index gained 9%, the return credited to the annuity would be:
Options
- A11%
- B27%
- C6%
- D3%
How the community answered
(50 responses)- A4% (2)
- B6% (3)
- C76% (38)
- D14% (7)
Community Discussion
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