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A fixed 10-year period certain annuity guarantees payments for a specified term of 10 years, regardless of whether the annuitant is alive or not. If the annuitant passes away before the 10 years are up, the remaining payments are made to a designated beneficiary. This type of annuitization provides a predictable income stream while ensuring that the total value of the annuity is paid out within the guaranteed period. However, once the 10 years are complete, payments cease, regardless of the annuitant's status.
What else can I help you with?
What is the bill of exchange?
A Bill of Exchange is a payment document for a trade in goods. It is a written negotiable instrument in the form of unconditional order signed by the maker directing a certain person to pay a certain sum of money on a certain date payable on demand or expiry of the fixed period only to the certain person or order of the certain person or the bearer of the instrument.
Define relevant range in accounting?
an increase or decrease on a company's fixed costs is however not only dependent on the relevant period but also on the relevant production range. The total fixed costs will remain constant if the relevant production range can be handled by the same number of production units, producing fewer steps. If a certain step ( certain cost level) encompasses the entire relevant range of activity, the costs are entirely fixed.
A fixed-interval schedule of reinforcement is one in which a response is reinforced only after a?
specific amount of time has elapsed. This means that reinforcement is delivered after a fixed period of time, regardless of the subject's behavior.
Is there a recission period on a second home?
No, only Primary residences can carry a recission period in certain instances.
Why is antarctica only located in a certain part of the world?
As with all continents, Antarctica is fixed in is earthly position.
If a female human gets fixed can she still have her period?
A female human does not get "fixed" they have what is known as a hysterectomy or the removal of the uterus. In this case no, but this operation is done only in extreme necessity.
Is professional charges a fixed cost expense?
The only time professional charges would be a fixed cost expense is when you pay exactly the same charge every reporting period (monthly, quarterly, or yearly). If the professional charge changes depending of the amount of work done or time spent, then it is not fixed. Sometimes lawyers or accountants will work for a fixed fee that doesn't change over a period of time. Then it is a fixed cost expense.
What is the difference between a Halifax mortgage and a fixed rate morgtage?
A Halifax mortgage allows you to choose either a fixed or adjustable mortgage while a fixed rate mortgage only allows a certain interest rate to be available during the life of the loan.
Why is supply fixed in the short run?
Agricultural supply is fixed in the short run because only a certain number of plants are sown in the spring. One cannot produce more if the time for planting is past.
What does the expiration date on the manufacturers container mean if it lists only the month and year?
Certain raw chemicals/Industrial chemicals take a little longer to decay in strength/potency and have a month period for expiry while has fine pharmaceuticals have a fixed date period of expiry depending on the oxidation/precipitation time taken for slow chemical changes..
How can you change from fixed interest rate to variable interest rate before the contract period for fixed rate is over?
You will have to check with your loan supplier. they are the only people who can fully answer that question. Different banks have different rules.
What is seasonal goods?
Seasonal goods refer to the merchandise that is only popular during certain times of the year. The period may be Easter or Christmas
