Answer:
An ordinary annuity is a series of equal payments made at the end of consecutive periods over a fixed length of time. The opposite of an ordinary annuity is an annuity due, in which payments are made at the beginning of each period.
Step-by-step explanation:
N - the number
8/100 × n = 0.08 × n = 0.08n
1 batch ice cream = 3/8 lb chocolate
4 batches ice cream=
=4(3/8)
=(4*3)/8
=12/8
=1 1/2 pounds of chocolate needed to make 4 batches of ice cream
Hope this helps! :)
