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12. Seth purchased a variable annuity with a premium deposit of $30 , 000 . He allocated these
funds equally among three of the contract's investment options: a domestic stock account fund, a
long-term bond account fund, and a fixed account fund. The fixed account fund is supported by
the insurer's general account. How much of this original investment will the insurer guarantee? a.
$10 , 000 b. $20 , 000 c. $30 , 000 d. $0

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  • 1. 12. Seth purchased a variable annuity with a premium deposit of $30 , 000 . He allocated these funds equally among three of the contract's investment options: a domestic stock account fund, a long-term bond account fund, and a fixed account fund. The fixed account fund is supported by the insurer's general account. How much of this original investment will the insurer guarantee? a. $10 , 000 b. $20 , 000 c. $30 , 000 d. $0