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The three types of annuities are fixed, variable and equity-indexed. a. False b. True Annuities have two phases. a. False b. True Fixed annuities have
The three types of annuities are fixed, variable and equity-indexed.
a.
False
b.
True
Annuities have two phases.
a.
False
b.
True
Fixed annuities have a guaranteed minimum rate of return called the initial rate.
a.
False
b.
True
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