Question: Greg purchases an annuity with a lump sum when he is 4 5 . He will not begin receiving peyments unti he is 6 5

Greg purchases an annuity with a lump sum when he is 45. He will not begin receiving peyments unti he is 65, which of the tolowing types of annulties did he purchase?
A) Single-premium immediate
B) None of these
C) Flexible-premium deferred
D) Single-premius deferred
Greg purchases an annuity with a lump sum when he

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