Eyanah6371 Eyanah6371

21-02-2024
Business

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Which of the following statements correctly describes the method for calculating the exclusion amount for variable annuity payments?
1) The investment in the annuity contract is divided by the total expected return.
2) The total expected return is divided by the investment in the annuity contract.
3) The investment in the annuity contract is divided by the number of expected payments.
4) The number of expected payments is divided by the investment in the annuity contract.

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