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Jade turned 65 yesterday and purchased a joint and survivorship annuity (with her husband) immediate...

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Accounting

  1. Jade turned 65 yesterday and purchased a joint and survivorship annuity (with her husband) immediate life annuity with the following two features:
    1. 10-year period certain
    2. Variable life/inflation guard

You're the couples financial/insurance advisor, explain feature (a) (10-year period certain) and feature (b) (variable life/inflation guard) to the couple so they can understand these features they're getting

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