On which of the following does amount of annuity payable depend?
1. Principal sum of money
2. Investment period
3. Rate of return
4. Duration of annuity payments

A. 1 and 2

B. 1, 2 and 3

C. 1, 3 and 4

D. 1, 2 , 3 and 4

Answer: Option D

Solution(By Examveda Team)

Amount of annuity payable depends on all of the above.