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Question 10 (0.5 points) You will receive the largest monthly payment under an annuity contract when the annuity disbursement option is the - life annuity
Question 10 (0.5 points) You will receive the largest monthly payment under an annuity contract when the annuity disbursement option is the - life annuity with no refund. 2) life annuity for a certain period. 3) refund annuits 4) annuity certain o temporary life annuity Question 15 (0.5 points) Your Social Security contribution depends on your current income and retirement income goal ( ( 1) True 2) False Question 20 (0.5 points) Henry has a defined benefit plan that promises an annual retirement benefit based on 2% of his final 5-year average annual salary for each year of service. At retirement, Henry has 21 years of service and had an average salary of $95.000 over the last 5 years. His annual benefit will be 1) 995,000 2) $60,500 U 3) $49,875. 4) $39,900 5) $15.200
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