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A_____program begins before significant impairments from a condition have occurred.
Actuarial Calculations
Mathematically based evaluations of insurance and finance risks, primarily used in the insurance industry and pension fund management.
Assumed Investment Rate
The projected rate of return assumed for a hypothetical investment over a specific period.
Annuity Cost
The initial investment or premium required to purchase an annuity, which in return provides periodic payments for a specified period or for life.
Pretax Return
The financial return on an investment before any taxes are deducted.
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