Best writers. Best papers. Let professionals take care of your academic papers

Order a similar paper and get 15% discount on your first order with us
Use the following coupon "FIRST15"
ORDER NOW

A longevity Annuity

/in /by

Arline is a 70 year old widow with no dependents. She wants to invest in an annuity that will produce income now. She has $100,000 to invest and wants to receive the most she can in monthly income. Which of the following is the most suitable annuity for Arline based on her objective?

  • A longevity Annuity.
  • A 20 year term certain, fixed Annuity
  • An immediate, single promium life annuity.
  • A deferred, fixed annuit
 
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"