Business, 28.12.2019 06:31 leomessifanboy678

We are given two annuity plans, a and b, and the amount invested into each plan every month. given this information, determine which of the two investments is an ordinary annuity, and the amount invested over a 12 month period?
a. investment a is an ordinary annuity with an annual contribution of $1,100
b. investment a is an ordinary annuity with an annual contribution of $100
c. investment b is an ordinary annuity with an annual contribution of $1,100
d. investment b is an ordinary annuity with an annual contribution of $100

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We are given two annuity plans, a and b, and the amount invested into each plan every month. given t...

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