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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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slope is 5 and the y-intercept is 2.

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What is the solution to the system shown?
Mice21 [21]

Answer:d

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16-4=12 and 16+4=20

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madison middle school spends$750 per year on club activities.they soend at least twice that amount on after -school activities.w
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The first term is 8 Each term is 4 more than double the previous term.
xz_007 [3.2K]

Answer:

8*2^(n-1)

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The first term is 8, so we have

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2 years ago
Read 2 more answers
How do you evaluate the expression |4/13|
Anuta_ua [19.1K]
Hi there!

First, you need to find the quotient of 4 and 13, obviously.

4/13 is equal to roughly 0.308.

Those grouping symbols around it tell you that you need to find the absolute value.

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So, the absolute value of 4/13 is about 0.308.

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-Spagoot
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