anielle receives $7,500 at the end of every quarter for 5 years for money that she loaned to a friend at 3.08% compounded quarterly. a. What type of annuity is this? a.Ordinary simple annuity b.Ordinary general annuity c.Simple annuity due d.General annuity due b. How many payments are there in this annuity? Round up to the next paymen
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Danielle receives $7,500 at the end of every quarter for 5 years for money that she loaned to a friend at 3.08% compounded quarterly.
a. What type of
a.Ordinary simple annuity
b.Ordinary general annuity
c.Simple annuity due
d.General annuity due
b. How many payments are there in this annuity?
Round up to the next payment
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- Ethan deposits $750 at the end of every month for 3 years and 1 months in a retirement fund at 3.86% compounded quarterly. a. What type of annuity is this? o Ordinary simple annuity o Ordinary general annuity O Simple annuity due O General annuity due b. How many payments are there in this annuity?Maria receives $4,500 at the end of every quarter for 6 years and 9 months for money that she loaned to a friend at 4.22% compounded quarterly. a. What type of annuity is this? Question 1 of 6 Ordinary simple annuity O Ordinary general annuity O Simple annuity due o General annuity due VSean deposits $300 at the end of every month for 1 years and 6 months in a retirement fund at 4.04% compounded semi-annually. a. What type of annuity is this? O Ordinary simple annuity Ordinary general annuity O Simple annuity due O General annuity due b. How many payments are there in this annuity?
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