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Betty invested $250,000tea segregated and contract in 2003
Betty invested $250,000tea segregated and contract in 2003. The fund primarily included cate mettete in hones and was, in theory a low ili investment. The contract hus matured and is now wat $174.500, a major decrease from the initial investment What will defy receive from his mestment 5187,100 SON 5174100 750.000 SUITE
Expert Solution
Segregated fund contract gives 75% to 100% of the amount of initial investment at maturity or death guarantee.
Initial investment = $250,000
Maturity date value = $174,500
Assuming Jeffery's segregated fund contract is of 75% maturity guarantee, he will receive at least 75% of his investment.
$250,000 * 75% = $187,500
Jeffery will receive $187,500 from his investment.
Answer is a. $187,500
Please up vote. Thanks!
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