Author Question: An ordinary annuity is paid or received at the end of each time period. Indicate whether the ... (Read 70 times)

bobbysung · **on:** Jun 24, 2018

An ordinary annuity is paid or received at the end of each time period.
Indicate whether the statement is true or false

Question 2

Salim sells fax machines that come in Standard and Enhanced models. The Standard model sells for 325 and the Enhanced model sells for 385. If Salim sold a total of 35 units and took in 12,575, how many of the Enhanced model did he sell?
A) 15
B) 20
C) 25
D) 10