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31. Bill annuitized the $100,000 accumulated value in his deferred annuity and died after receiving only one periodic payment of $3,000. When no further payments

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31. Bill annuitized the $100,000 accumulated value in his deferred annuity and died after receiving only one periodic payment of $3,000. When no further payments were due to anyone, what kind of settlement option did his heirs found that he had chosen? a. temporary annuity b. straight life annuity O c. refund annuity O d. joint and survivor annuity

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