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13. Which of the following is NOT correct? a. Payments on an annuity due start immediately. b. An ordinary annuity is a perpetuity where we

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13. Which of the following is NOT correct? a. Payments on an annuity due start immediately. b. An ordinary annuity is a perpetuity where we do not receive the payments after a future point in time. C. An inflation-adjusted annuity generally means higher payments now and in the future. X d. At age 65, life annuities pay out more for men than they do for women. pdi

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