An equity-indexed annuity and a variable annuity are both, Finance Basics

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An equity-indexed annuity and a variable annuity are both

An equity-indexed annuity and a variable annuity are both similar and different in many respects.

a. Explain the major similarities between an equity indexed annuity and a variable annuity.

b. Identify the major differences between an equity indexed annuity and a variable annuity.

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Finance Basics: An equity-indexed annuity and a variable annuity are both

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Finance Basics: An equity-indexed annuity and a variable annuity are both

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