Business
Business, 10.10.2020 22:01, zitterkoph

Annuity A requires annual contributions over 5 years and pays 5% annual interest. Annuities B and C have the same interest rate and annual contributions, but have a term of 10 and 30 years respectively. Each annuity has $50, 000 in it at the end of its term. Which of the following answers correctly lists all of the annuities that have a greater amount of interest in them than the sum of contributions over their term? Select the correct answer below: A. Annuity C
B. Annuity A
C. Annuity B
D. Annuity B and C

answer
Answers: 2

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Annuity A requires annual contributions over 5 years and pays 5% annual interest. Annuities B and C...

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