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29 May, 19:42

ABC Insurance offers an annuity with a minimum interest rate of 4% APR for

the next 5 years. You decide to invest $500 each year into this account. What

type of annuity is this?

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Answers (1)
  1. 29 May, 19:46
    0
    I believe its recurring payment fixed annuity A. P. E. X
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