subject
Mathematics, 02.07.2020 02:01 Anikarenee

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. Hence, the only difference between these annuity options is the payment amount and length of the plan. Which annuity has a greater amount of interest than the sum of contributions over their term?

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 15:30
Come up with a new linear function that has a slope that falls in the range 10 m − < < . choose two different initial values. for this new linear function, what happens to the function’s values after many iterations? are the function’s values getting close to a particular number in each case?
Answers: 1
question
Mathematics, 21.06.2019 20:00
Credit card a offers an introductory apr of 3.4% for the first three months and standard apr of 15.7% thereafter,
Answers: 3
question
Mathematics, 21.06.2019 20:50
The cost of turkey is directly proportional to its weight. if a 12-pount turkey costs $27, how much does a 16-pound turkey cost? a. $33.75 b. $36.00 c. $31.00 d. $32.50
Answers: 3
question
Mathematics, 21.06.2019 21:00
What is the missing statement in step 4? ? rts ? ? vtu and ? rtu ? ? vts ? rts ? ? rvs and ? rtu ? ? stv ? vrs ? ? vru and ? usr ? ? usv ? vur ? ? vus and ? uvs ? ? sru
Answers: 3
You know the right answer?
Annuity A requires annual contributions over 5 years and pays 5% annual interest. Annuities B and C...
Questions
question
Health, 29.01.2020 06:46
question
Mathematics, 29.01.2020 06:46
Questions on the website: 13722361