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Which of the following has become a pandemic across most countries?
Deferred Annuity
An insurance product that provides for the accumulation of capital on a tax-deferred basis, with payouts commencing at a future date, typically used as a retirement planning tool.
Ordinary Annuity
A series of equal payments made at regular intervals, with the typical assumption that each payment occurs at the end of a period.
Deferred Annuity
An insurance product that provides future payments to the holder, typically starting at retirement, after an initial investment period.
Ordinary Annuity
A succession of equivalent remittances occurring at regular intervals for a certain stretch of time.
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