Business, 31.07.2019 23:20, andreastyles1603
In the table below, we are given two annuity plans, a and b, and the amount invested into each plan every month. given this information, determine which of the two investments is an ordinary annuity, and the amount invested over a 12 month period.
found the c.
a.
investment a is an ordinary annuity with an annual contribution of $1,100
b.
investment a is an ordinary annuity with an annual contribution of $100
c.
investment b is an ordinary annuity with an annual contribution of $1,100
d.
investment b is an ordinary annuity with an annual contribution of $100
Answers: 2
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In the table below, we are given two annuity plans, a and b, and the amount invested into each plan...
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