LIZZYANNA3840 LIZZYANNA3840

28-09-2022
Business

Answered

You are comparing two annuities that offer regular payments of $2,500 for five years and pay. 75 percent interest per month. You will purchase one of these today with a single lump sum payment. Annuity a will pay you monthly, starting today, while annuity b will pay monthly, starting one month from today. Which one of the following statements is correct concerning these two annuities?.

Answer :

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