« 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 259 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?

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?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

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 ...
How to convert units of any rate to another (Part 3) How to convert units of any rate to another (Part 3)
Determining the order and rate constant of an irreversible first-order reaction Determining the order and rate constant of an irreversible first-order reaction
Preserve Your Vitamins! Cook your vegetables in a small amount of water Preserve Your Vitamins! Cook your vegetables in a small amount of water
Compute the rate of discount allowed on a rontor -tiller that lists for K 341 and is sold for K ... Compute the rate of discount allowed on a rontor -tiller that lists for K 341 and is sold for K ...
Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price. Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.
Video: What are Strong & Weak Acids and How they're different?

For a complete list of videos, visit our video library