A) One where the annuity amount is fixed (guaranteed)
B) One where the annuity amount is variable (linked to investment performance)
C) Both A & B
D) None of the above
✅ ANSWER: C
Annuity belongs to one where the annuity amount is fixed (guaranteed) and one where the annuity amount is variable (linked to investment performance).
Annuity belongs to one where the annuity amount is fixed (guaranteed) and one where the annuity amount is variable (linked to investment performance).