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Sally bought a cash refund annuity and made a single premium payment of $100,000. Two weeks after she received her first monthly periodic payment check

Sally bought a cash refund annuity and made a single premium payment of $100,000. Two weeks after she received her first monthly periodic payment check for $1,000, she died. What benefit will her beneficiary receive?

a. nothing
b. $100,000
c. $50,000
d. $99,000

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