Installment-refund annuity

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Which will provide a larger monthly payment to a male annuitant age 65, an annuity, five years certain, or an installment-refund annuity? Assume the same amount of money is available for each purchase

Reference no: EM13316982

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Installment-refund annuity : Which will provide a larger monthly payment to a male annuitant age 65, an annuity, five years certain, or an installment-refund annuity? Assume the same amount of money is available for each purchase

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