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Mathematics, 10.12.2019 00:31 kyla1220

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.



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

 

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