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17 February, 05:59

Select the correct answer.

Which situation involves an annuity?

A

investing a $1,000 lump sum into an investment account

B. depositing $5,000 into a one-year CD

C. using $500 to open a savings account

D. making regular deposits of $100 into a sinking fund

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Answers (1)
  1. 17 February, 06:18
    0
    D makes an annuity. for annuity u have to make equal deposit regularly. so i think its D
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