Mathematics, 24.10.2020 04:40 Nicki3729
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. Jan. Feb. Mar May Sept. Oct. Nov. Dec. 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 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 Investment B is an ordinary annuity with an annual contribution of $100 d.
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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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