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:
0.5
Step-by-step explanation:
sjsbdir rievrjrvrjrbrhdbdjdbekebejebsjsbsirvrirvrjrrhirvrjrbrjr dry it said it had to be 20 characters long
Well lets lay it out
2323 6969
first get 2323 and try its multiples.
2323 x 2 = 4646
2323 x 3 = 6969
so what 2323 and 6969 have in common are the multiple 3
Answer: they are equivalent because they can be divided into each other. HOPE I HELPED!! :P <span />
