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pishuonlain [190]
3 years ago
14

Which statement defines an annuity? A. a retirement plan offered by employers B. a group of investments that many individual inv

estors hold in common C. an investment plan that guarantees payments at regular intervals after retirement
Mathematics
2 answers:
DerKrebs [107]3 years ago
5 0

Answer: C. an investment plan that guarantees payments at regular intervals after retirement


Step-by-step explanation:

  • The definition of an annuity is a sum of money or an investment that is paid at regular intervals after retirement.

Annuities are formed and sold by financial institutions, which accept and invest funds from persons and then, upon annuitization, issue a sequence of payments at a later point in time (mostly after retirement).

balandron [24]3 years ago
5 0

Answer:

C. an investment plan that guarantees payments at regular intervals after retirement.

Step-by-step explanation:

We can describe annuity as a fixed amount of money that will be paid to someone each year, for the rest of their life.

It is a long term investment, designed to help protect you from the risk of outliving your income.

The amount one pays is converted into periodic payments that can last for life.

Therefore, the correct answer is option C.

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A hiker maintains an average speed of 3 3/4 km/h. How many kilometers will the hiker walk in: 2 1/6 h
Sunny_sXe [5.5K]
I'm not all that familiar with that sort of representation, but I guess 3 3/4 = 15/4 and 2 1/6 = 13/6.

You will simply have to multiply the time spent walking, 13/6 hours, by the average distance traveled on an hourly basis, 15/4 km/h.

(13*15)/(4*6) = 195/24 = 8,125 km
7 0
3 years ago
Which of the following numbers is NOT a solution<br> of the inequality 3x – 5&gt;_4x – 3 ?
Arte-miy333 [17]

Answer:

A)-1

Step-by-step explanation:

3x-5≥4x-3

3x-4x≥-3+5

-x≥2

x≤-2

(-infinity,-2]

-1 x

-2,-3,-5 ✓

8 0
3 years ago
What type of polynomial is this and what is its degree?<br> 5b3 - 3 + 6b
Dmitry_Shevchenko [17]

Answer:

3rd degree trinomial

Step-by-step explanation:

the highest power is 3 and there are 3 terms so its a 3rd degree trinomial

3 0
3 years ago
The cost for a company to produce x t-shirts can be modeled by
lana [24]

Answer:

P(x)=-2x^2+34x+98

The cost function is given by c(x)=21x-98

And the revenue function is given by  r(x)=55x-2x^2

The profit function is the difference of revenue function and the cost function. Mathematically, we can write

p(x)=r(x)-c(x)

Substituting the values, we get

p(x)=55x-2x^2-(21x-98)

p(x)=-2x^2 + 34x = 98

Therefore, the profit function is

p(x) = -2x^2 + 34x + 98

Step-by-step explanation:

6 0
3 years ago
Read 2 more answers
Graph (-6,32/3) on a number line
e-lub [12.9K]

Given the point (-6, 32/3)

x-coordinates = -6

y-coordinates = 32/3 = 10 2/3

The graph of the point will be as follows:

8 0
1 year ago
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