Npurchases an annuity by making payments in an amount no less than $100 quarterly. this describes which of the following annuities?
a. installment immediate
b. fixed installment deferred
c. flexible installment deferred
d. flexible premium immediate

B. Fixed installment Differed

Step-by-step explanation: Since the total money to be paid quarterly that is at the end of every 3 months should be greater or equal to $100 {that is the least accumulated amount is $100 but it can exceed}we say it is a Fixed installment Differed and it's as continuity.

step-by-step explanation:

i think something is missing in your question because y-1=(x-12) would not pass through the point (-4,-3). because if you replace x by -4 your are supposed to find y=-3 which is not the case her. if you replace x by -4 you find =-15.

i assume the right equation is y-1=1/4*(x-12) because this one is passing through both your points (if you are interested to know how i found that out i can tell you).

in this equation if i replace x by -4 i find y=-3 and if i replace x by 12, i find y=1 so the line representing this equation is passing through those 2 points.

then the standard form of the equation is finding an expression of y in function of x

y-1=1/4*(x-12)

y=x/4-3+1

y=x/4-2

hope that .

do you confirm there was a mistake in the question?