Assume That at Retirement You Have Accumulated $825,000 in a Variable

question 29

Multiple Choice

Assume that at retirement you have accumulated $825,000 in a variable annuity contract.The assumed investment return is 5.5% and your life expectancy is 18 years.What is the hypothetical constant benefit payment

• A)$73,358.93
• B)$33,333.33
• C)$51,481.38
• D)$52,452.73
• E)Cannot tell without additional information

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