Answer: D. a series of consecutive payments of equal amounts.
Explanation:
An annuity is a financial commodity that provides a fixed amount of payments, paid in equal periods, such as deposits made into savings accounts, monthly home mortgage payments, and monthly insurance payments.
Annuities are meant to be a safe way to secure a steady capital flow during people´s retirement years, as well as to avoid outliving their assets.
Answer:
what is the equation? because I can't see it
Answer:
The correct answer is letter "A": Cooperative.
Explanation:
Cooperatives or co-ops are not real state ownerships but imply being in charge of a property under a lease agreement. Similar to condominiums, individuals can live in an apartment that belongs to an owner that in co-ops are companies. The tenant purchases stocks of the company becoming a stakeholder and in return, the company provides the tenant an apartment with a lease agreement for the possession of the property.
<h2>Depreciation = Cost Price --Salvage/Useful Life</h2><h2>=9,00,000-1,00,000/40</h2><h2>=8,00,000/40</h2><h2>= 20,000</h2><h2 /><h3>
Explanation:</h3><h3>
Depreciation is 20,000</h3><h3>
</h3>
Answer:
I will have $183536835400 in my savings after 1515 years
Explanation:
Deposit into the savings account = 0.11×$2000020000 = $220002200
Earnings after 1515 years = 0.55×1515×$220002200 = $183316833200
Total amount in savings plan after 1515 years = $220002200 + $183316833200 = $183536835400
