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Its the day before your grandson goes off to college. He will be in school for four years and his deadbeat parents have saved nothing

Its the day before your grandson goes off to college. He will be in school for four years and his deadbeat parents have saved nothing for his schooling. You decide to be a noble grandmother and set up an annuity today that will pay him $3,000 at the beginning of each month for the next four years. What type of annuity is this?

Dead Beat Annuity

Annuity Due

Party Annuity

Ordinary Annuity

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