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alexdok [17]
3 years ago
14

Which will provide the largest yield on an annuity after 30 years with 6% annual interest, compounded monthly? Annuity A: Deposi

t $2400 per year. Annuity B: Deposit $600 per quarter. Annuity C: Deposit $72,000 one lump sum.
Mathematics
1 answer:
kiruha [24]3 years ago
3 0

Answer:

  Annuity C:  Deposit $72,000 one lump sum

Step-by-step explanation:

The yield is improved when the money is on deposit for a longer period.

If the $2400 annual deposit is made at the first of the year, then it will yield more than $600 deposits made at the first of each quarter.

If the $72,000 deposit is made at the beginning of the period, the entire amount is earning interest for the entire period.

  Annuity C will provide the largest yield.

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Answer:

Step-by-step explanation:

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The data set is

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<h3>Final Answer: There is no mode for this data set</h3>
5 0
3 years ago
A 100 inch strip of sheet metal starting out 16 inches wide is to be made into a small open trough (open top and ends) by turnin
daser333 [38]

Answer:

4 inches should be turned up on both sides.

Step-by-step explanation:

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8 0
3 years ago
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