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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Home » Mathematics » 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.