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.
The rate of return on an annuity will widely vary depending on the type of contract it is and the carrier that issues it. A fixed annuity is safer since there is a guaranteed interest rate. A variable annuity will invest (or can invest) a portion of the funds in equities, and therefore has a higher potential for appreciation. But it could still under-perform a fixed annuity. A full-time investment broker or financial planner is a great resource for advice.