Provide an appropriate response.The primary difference between an annuity due and an ordinary annuity is: I. when the money is paid into the annuity II. the way the money is paid out of the annuity III. with an annuity due, payment is made at the beginning of the period
A. II only
B. III only
C. both I and III
D. I only
Answer: C
Mathematics
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Use the given bond table to find the requested value for Solar Energy (SNG) bonds maturing in 2022.
Price per bond
A. $1048.94 B. $1066.26 C. $106.63 D. $1019.51
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Find the value of the ordinary annuity. Interest is compounded annually unless otherwise stated. Round to the nearest cent.R = $1000, i = 0.03, n = 15
A. $5041.97 B. $18,598.91 C. $17,086.32 D. $51,932.25
Mathematics
Perform the conversion.250 g = ____ mg
A. 25,000 B. 0.25 C. 2.5 D. 250,000
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Use natural logarithms to evaluate the logarithm to the nearest thousandth.log5 0.671
A. -0.173 B. 7.452 C. -4.034 D. -0.248
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