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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 c. refund annuity d. joint and survivor annuity

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