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Brad funded a straight life deferred annuity by paying $ 5 0 0 , 0 0 0 on his 5 0 t h birthday. Brad
Brad funded a straight life deferred annuity by paying $ on his birthday. Brad expected to receive monthly annuity payments starting at age but Brad died at age before any payments were made. Which of the following statements is true regarding Brad's annuity?
A Brad's beneficiary is entitled to receive $ upon Brad's death
B Brad's beneficiary is entitled to receive $ but will not receive payment until what would have been Brad's birthday
C Brad's beneficiary will receive annuity payments until a total of $ has been paid out
D Brad's beneficiary is not entitled to any money
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