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The annuity n purchased that will pay $2,000/month at age 70 for life is a fixed deferred annuity, as it will start payments at a future. Study with quizlet and memorize flashcards containing terms like n, age 50, recently bought an annuity that will pay a guaranteed. This type of annuity accumulates savings over a long. What type of annuity.
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An immediate annuity starts payments shortly after purchase, not at a future date like age 70. This type of annuity accumulates savings over a long. N, age 50, recently bought an annuity that will pay a guaranteed 2,000/month at age 70 for life. The annuity n purchased that will pay $2,000/month at age 70 for life is a fixed deferred.
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N, Age 50, Recently Bought An Annuity That Will Pay A Guaranteed $2,000/Month At Age 70 For Life.
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This Type Of Annuity Accumulates Savings Over A Long.
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