The Cost of an Annuity Varies with the

question 66

Multiple Choice

The cost of an annuity varies with the

• A) age of the annuitant at issue.
• B) age of the annuitant when payment begins.
• C) method of proceeds distribution.
• D) sex of the annuitant.
• E) all of the above.

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Definitions:

Latter Part

The final section or segment of a particular period, document, discussion, or series of events.

Legitimate

being in accordance with established legal rules and standards.

Fundamental Reformulation

A comprehensive and profound change or restructuring of a concept, theory, or system.

Results

The outcomes or consequences of an action or process.