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uranmaximum [27]
3 years ago
5

What is considered to be a characteristic of an immediate annuity?

Social Studies
1 answer:
Natalka [10]3 years ago
8 0
The characteristic of an immediate annuity is that the benefit payments start within one payment period of purchase which further means that the first benefit payment to the annuitant is made at one payment interval from the date of purchase.




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