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zalisa [80]
3 years ago
12

The following table list two investment plans, A and B. Given this information, determine which investment is an ordinary annuit

y
and the future value of the ordinary annuity after one year, given that both investments, A and B, compound interest monthly at
the rate of 3.5%. Round to the nearest cent.
Sept.
oct.
Nov
a.
b.
C.
d.
Jan Feb Mar Apr May Jun Jul Aug Sept.
350 350 350 350 350 350 350 350 350 350 350
350 350 350 350 350 350 350 350 350 350 350
Investment A is an ordinary annuity with $3.918.03 in the account after 1 year
Investment B is an ordinary annuity with $3,918.03 in the account after 1 year
Investment A is an ordinary annuity with $3,906.64 in the account after 1 year
Investment B is an ordinary annuity with $3,906.64 in the account after 1 year
Mathematics
2 answers:
fgiga [73]3 years ago
7 0

Answer:

its D my  man go the answer sheet

Step-by-step explanation:

Fiesta28 [93]3 years ago
4 0

Answer:

d.

Investment B is an ordinary annuity with $3,906.64 in the account after 1 year

Step-by-step explanation:

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