Author Question: Keisha deposited 1,200 annually at a rate of 6. What was the amount of an ordinary annuity after 3 ... (Read 225 times)

AEWBW

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Keisha deposited 1,200 annually at a rate of 6. What was the amount of an ordinary annuity after 3 years?
 A) 1,272
  B) 2,472
  C) 2,620.32
  D) 3,820.32

Question 2

A bond is a certificate issued by a corporation, the federal government, or a municipality whereby the issuer promises to repay the borrowed money at some specific time plus any interest earned.
  Indicate whether the statement is true or false



sarajane1989

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Answer to Question 1

D

Answer to Question 2

TRUE



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