Multiple Choice
Which of the following defines an annuity?
A) For a fee,an insurance company provides you with regular income until you die.
B) A surcharge is added to life-insurance premiums paid by persons in dangerous occupations.
C) Annuity is another name for stock funds managed by mutual fund managers.
D) Annuity is another name for any diversified portfolio.
Correct Answer:

Verified
Correct Answer:
Verified
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