Explanation is in the file
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Answer:
Ordinary annuity
Step-by-step explanation:
Given : ABC Insurance offers an annuity with 4.5% APR for the next 5 years. You decide to invest $1000 each year into this account.
To find : What type of annuity is this?
Solution :
Annuity is the form of insurance in which some of the money is paid each year to secure for future.
There are two types of annuity:
Ordinary annuity - In this annuity the payment is made at the end of each period over a fixed length of time. Also in this annuity payments are made monthly, quarterly, semi-annually or annually.
Annuity due - is the opposite of ordinary annuity as in this the payment is made at the beginning of each period.
In the given situation the annuity is ordinary annuity because the investment is done each year for 5 years.
Answer:
Choice C should be the answer
Step-by-step explanation:
Because all of them adds up to 180 since it is a straight angle.
At D point in the bottom then up and to the right upper corner to Letter B
200-(-2) is actually 200-1(-2)
So thats multiplication
Then its 200+2
So addition is the last calculation to be done.
