On which of the following does amount of annuity payable depend? 1. Principal sum of money 2. Investment period 3. Rate of return 4. Duration of annuity payments

1 and 2

1, 2 and 3

1, 3 and 4

1, 2 , 3 and 4

✅ The correct answer is D.
Amount of annuity payable depends on all of the above.

967. On which of the following does amount of annuity payable depend? 1. Principal sum of money 2. Investment period 3. Rate of return 4. Duration of annuity payments