The two ways to pay the premiums for annuities are single premium and:

Question

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The two ways to pay premiums for annuities are single premium and premium in installments. Single premium means paying the entire cost of the annuity upfront, while premium in installments means paying smaller amounts over time. The best choice would depend on the individual's financial situation and preference for payment plans, but premium in installments may be more manageable for those who cannot afford to pay the entire cost upfront. Choice C is the correct answer, as it is the only option that describes a payment plan.

The Two Ways to Pay the Premiums for Annuities Are