As with Oracle SQL programs, we can invoke a PL/SQL program either by typing it in sqlplus or by putting the code in a file and invoking the file in the various ways we learned in Getting Started With Oracle.
MYGA â aka âFixed Rate Annuityâ Fixed Rate Annuities function a lot like CDs, and are referred to in the industry as âMulti Year Rate Guaranteedâ annuities (MYGAs). In essence, MYGAs are CDsâ¦.but with tax deferral, and are typically purchased with a single premium amount of money.
Letâs define annuities. An annuity is a type of investment in which you contract to put in payments for a certain amount of time, or pay one large amount of money. In return, you will receive payments at regular intervals sometime later down the road. Usually, these annuities are obtained through insurance companies.etâs define annuities. An annuity is a type of investment in which you contract to put in payments for a certain amount of time, or pay one large amount of money. In return, you will receive payments at regular intervals sometime later down the road. Usually, these annuities are obtained through insurance companies.