Answered

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Question #5 of 5

Annuities are

A. unilateral contracts
B. temporary contracts
C. solid contracts
D. bilateral contracts

Sagot :

GinnyAnsweridn

Final answer:

Annuities are financial contracts for receiving periodic payments, often used for retirement planning.


Explanation:

Annuities are financial contracts with insurance companies or financial institutions that provide periodic payments, typically for retirement purposes. They are not meant to replace retirement plans but to supplement them.


Learn more about Annuities here:

https://brainly.com/question/39419397


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