Jane purchases a 15-year temporary annuity certain contract. When she retires at age 75, she begins receiving her annuity payments. When Jane reaches 90 years of age, what will happen to her annuity?
A) She will continue to receive her payments until her death
B) She will no longer receive any more payments
C) She will receive payments at a decreased amount
D) She will receive payments at an amount determined by the market value.
Correct Answer:
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