Answer:
Annuity due is an annuity whose payment is due immediately at the beginning of each period. Annuity due can be contrasted with an ordinary annuity where payments are made at the end of each period. A common example of an annuity due payment is rent paid at the beginning of each month.
Step-by-step explanation:
Examples of annuities are regular deposits to a savings account, monthly home mortgage payments, monthly insurance payments and pension payments.
Answer: 1 club - Club 2
Step-by-step explanation:
You can find the monthly rates by deducting the cost at 12 months from the cost at 24 months and dividing it by 12.
Club 1 Club 2 Club 3
= (432 - 216) / 12 = (390 - 210) / 12 = (504 - 252) / 12
= $18 = $15 = $21
Multiply these rates by 6 months and any club total cost at 6 month that differs from your answer has a joining fee.
Club 1; Club 2; Club 3
= 18 * 6 = 15 * 6 = 21 * 6
= $108 = $90 = $126
<em>Same as total cost at </em><u><em> Joining fee of $30</em></u><em>; </em> <em>No joining fee as </em>
<em>6 months so no joining 120 - 90 = $30 this is the same </em>
<em>fee. as total cost at 6 </em>
<em> months.</em>
Step-by-step explanation:
Given
Hope it will help :)
700x0.08= 56 Hope this helps
I believe there has to be an image included with this question my friend. Thine error hath been made known by the supreme lord of dao.
