« previous next »

Author Question: Keisha deposited 1,200 annually at a rate of 6. What was the amount of an ordinary annuity after 3 ... (Read 247 times)

AEWBW

  • Hero Member
  • *****
  • Posts: 579
on: Jun 24, 2018
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

  • Sr. Member
  • ****
  • Posts: 296
Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

TRUE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

A demonstration engine showing the amount of water that can be circulated through the cooling ... A demonstration engine showing the amount of water that can be circulated through the cooling ...
An IAC controls idle speed by controlling the amount of air that passes around the throttle plate. ... An IAC controls idle speed by controlling the amount of air that passes around the throttle plate. ...
How to convert units of any rate to another (Part 3) How to convert units of any rate to another (Part 3)
Total Fertility Rate in Japan: Actual versus Forecast Total Fertility Rate in Japan: Actual versus Forecast
Effect of Increasing the Investment Rate on the Steady State Effect of Increasing the Investment Rate on the Steady State
Effect of Increasing the Investment Rate on the Steady State Effect of Increasing the Investment Rate on the Steady State
Video: Wound Care

For a complete list of videos, visit our video library