One feature that all annuity contracts have in common is


TRUE OR FALSE? One feature that all annuity contracts have in common is that the annuitant can never outline the annuity payments.

TRUE OR FALSE? Risky investments always perform better than less risky investments over a five-year period.

TRUE OR FALSE? Generally, investments that have the potential to generate higher returns, such as shares of individual companies, also carry higher risks.

TRUE OR FALSE? Annuity contracts are designed with many different features. It is sensible to plan out the timing, certainty and magnitude of annuity payments for the contracts you are considering across different scenarios. These scenarios should include the annuitant’s death taking place at different times.

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Financial Management: One feature that all annuity contracts have in common is
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