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
Sol: The correct answer is b. three planes that contain point B are ABD, AEF and DHF.
Rounded to the nearest 1%, the cost exceeded the budget by 12%
A right triangle follows the Pythagorean theorem: a^2 + b^2 = c^2
Let’s work out the problems
1. 20^2 + 72^2 = 75^2
40 + 5184 = 5625
False
2. 40^2 + 74^2 = 85^2
1600 + 5476 = 7225
False
3. 45^2 + 60^2 = 75^2
2025 + 3600 = 5625
True
The correct answer is (45, 60, 75)
