The type of cell reproductionin which a small, new cell develops from the surface of an existing cell and then seperates from the parent cell is know as _________and is normal mode of replication in _________.
An annuity is a type of policy issued by an insurance company that allows you to save money for retirement. The money you pay in can be either a lump sum or a number of payments. These contributions then earn interest, generally tax-deferred, and after a period of time, provide you with a stream of income.ith a Fixed Annuity, money is placed in fixed-rate investments such as bonds, where it will earn a fixed interest rate for a certain period of time. For most fixed annuities, a minimum interest rate is guaranteed. With a Fixed Annuity, the insurance company is taking the investment risk.
Multi-year guarantee annuity is a term used to describe a fixed annuity that has an interest rate guarantee for the same period of time as its surrender period.or example, an annuity with a guaranteed interest rate of 5% per year for five years, where there are no surrender penalties after five years.