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What are the main kinds of annuities?
Asked by unknown1 AnswersThere are two broad categories of annuity: fixed and variable. These categories refer to the manner in which the investment generates returns. However, within these categories are immediate and deferred payment annuities, for a total of four basic annuity types. Like most investments, the ins and outs of annuities can be somewhat overwhelming for t -
Can real interest rates be negative?
Asked by unknown1 AnswersReal interest rates can indeed be negative. When real interest rates are negative, it means that the inflation rate is larger than the nominal interest rate. Measuring the real interest rate lets investors determine if they are actually making money and growing purchasing power on an investment. If the real interest rate is not larger than inflatio -
Are there different insurance coverage types?
Asked by unknown1 AnswersYes, there are different insurance coverage types and they are as follows Bodily Liability, Property Damage Liability, Comprehensive, Collision and Uninsured & Underinsured.