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scott is a drug rep and planning on retiring next month. he is using his accumulated $200,00 to purchase an annnuity, which of the following
scott is a drug rep and planning on retiring next month. he is using his accumulated $200,00 to purchase an annnuity, which of the following options willl give him the largest monthly annuity payment assuming his life expectancy is 20 years and his wifes expectancy is 22 years.
a 10 year certain
b single life annuity over scotts life
c 100% joint life annuity over scott and his wifes lives
d 75% joint life annuity over scott and his wifes lives
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