College Savings Quizzes-An annuity provides:

Answer to Quiz

An annuity provides:

Answer: (c) regular payments to an investor
"Annuity" is a series of fixed (or sometimes variable) payments paid at regular intervals (such as monthly) over a specified period (for example, either a fixed number of years or over a person's lifetime until their death). Annuities are often used to provide to a person a level stream of payments for income during retirement.

Next Quiz:

A "stock buyback" refers to:

(a) A trader purchasing stock that he has previously shorted
(b) The purchase of a company's owns shares in the open market
(c) The exercise of a redemption right by a preferred stock holder
(d) The purchase of stock to increase the outstanding number of shares

Word of the Day

Due Diligence Questionnaire

A "due diligence questionnaire" is a questionnaire given to the company being reviewed...

Due Diligence Questionnaire

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