Business, 29.06.2021 21:00 brinjay430

The closing level of the equity index used with Sammy's indexed annuity was 1000 when his funds were allocated to the index strategy and 1200 at the conclusion of the index term period. If the long-term point-to-point interest rate method is being used, and the contract has an 80 percent participation rate, what interest rate will apply if no other interest-limiting factors apply

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The closing level of the equity index used with Sammy's indexed annuity was 1000 when his funds were...