can i type in a question from a quiz and see the answer and how to solve. What i

ID: 2652463 • Letter: C

Question

can i type in a question from a quiz and see the answer and how to solve. What is the best way to do this be specific

Which one of the following is an ordinary annuity, but not a perpetuity?

Select one:

a. $430 paid at the beginning of every quarter for five years, starting today

b. $550 paid every year for ten years, starting today

c. $110 paid weekly for one year, starting one week from today

d. $75 paid at the beginning of each monthly period for one year

e. $125 paid at the end of each monthly period for an infinite period of time

Ordinary annuity must have following characterstics:

answer:

c. payment at the end of each week with the same amount of $110 and interval is 1 week.

e. $ 125 paid at the end of each month

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