A deferred annuity is an annuity in which the rents begin af

A deferred annuity is an annuity in which the rents begin after a specified number of periods.

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True

False

Solution

Answer) True

A deferred annuity is an annuity in which the rents begin after a specified number of periods

A deferred annuity is a type of annuity contract that delays income, installment or lump-sum payments until the investor elects to receive them