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NEW QUESTION: 1
An "accumulation unit" of a variable annuity is used to determine which of the following?
A. the amount returned to the annuitant upon redemption of the account
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C. the value of the annuitant's contract before annuity payments begin
D. the amount of annuity payments to be paid to the owner
Explanation: the value of the annuitant's contract before annuity payments begin. Accumulation units determine contract value. Payout are determined by annuity units.
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