Question

soha invests in a fixed - annuity that pays a set amount each month for 20 years. is this a variable investment, and why or why not?
no, because it provides a fixed income.
yes, because it does not guarantee principal.
yes, because the returns can change.
no, because it is subject to market conditions.

Explanation:

A fixed - annuity pays a set amount each month for a fixed period. It provides a fixed income stream, so it is not a variable investment. Variable investments have returns that can fluctuate based on market performance, but fixed - annuities have pre - determined payments.

Answer:

No, because it provides a fixed income.