Suppose that a life contingent annuity product has expected present value given by the symbol 1000 a $) Describe this annuity. Type of annuity: Length of term: Time of Payment Frequency of payments: Amount of payments: Suppose that a life contingent annuity product has expected present value given by the symbol 1000 a $) Describe this annuity. Type of annuity: Length of term: Time of Payment Frequency of payments: Amount of payments