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Math

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6. Installment payment for an appliance at the end of each month with interest
compounded monthly is an example of what type of annuity?
a. General Annuity
b. Simple Annuity
c. Ordinary Annuity
d. Annuity Due

Sagot :

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Answer:

c. ordinary annuity

Step-by-step explanation:

-a type of annuity in which the payments are made at the end of each payment interval

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