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21 April, 07:41

We are given two annuity plans, A and B, and the amount invested into each plan every month. Given this information, determine which of the two investments is an ordinary annuity, and the amount invested over a 12 month period? A. Investment A is an ordinary annuity with an annual contribution of $1,100B. Investment A is an ordinary annuity with an annual contribution of $100C. Investment B is an ordinary annuity with an annual contribution of $1,100D. Investment B is an ordinary annuity with an annual contribution of $100

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  1. 21 April, 08:10
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    C. Investment B is an ordinary annuity with an annual contribution of $1,100

    Explanation:

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