Provide larger monthly payment to male annuitant

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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: EM131306559

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Provide larger monthly payment to male annuitant : 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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