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Any Risks Involved with Your Recommendations Should

question 60

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Any risks involved with your recommendations should


Definitions:

Deferred annuity

A financial instrument that defers payments to the investor until a predetermined time.

Ordinary annuity

A series of equal payments made at the end of consecutive periods over a specified length of time.

Deferred annuity

An insurance product that provides future payments to the holder, typically starting at retirement, in exchange for current premiums or a lump sum payment.

Ordinary annuity

A regular annuity involves uniform payments disbursed at the end of each period within a set timeframe.

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