Answer:
$4,523.40
Step-by-step explanation:
The cell phone cost is $124.65 per month. With 12 months in a year, we multiply $124.65 x 12 to get the answer $1,507.80. Since one year equals $1,507.80, we multiply this answer by 3 for 3 years to get $4,523.40. Thus three years of service with $124.65 a month would equal $4,523.40.
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: don't know sorry
Step-by-step explanation:
