Answer:
Annuity due is an annuity whose payment is due immediately at the beginning of each period. Annuity due can be contrasted with an ordinary annuity where payments are made at the end of each period. A common example of an annuity due payment is rent paid at the beginning of each month.
Step-by-step explanation:
Examples of annuities are regular deposits to a savings account, monthly home mortgage payments, monthly insurance payments and pension payments.
Answer:
$2187.50 Commission for the sale
Step-by-step explanation:
Answer:
A-14
Step-by-step explanation:
All the angles of the triangle ABC are 60°.
Therefore it is an equilateral triangle.
All sides of an equilateral triangle are equal.
Hence, AC = 14
Answer:
11/12
Step-by-step explanation: