All of the following are conditions for an ordinary annuity except
A. periodic cash flows must be equal in amount
B. the time periods between the cash flows are the same length
C. the interest rate is constant for each time period
D. interest is compounded in the middle of each time period
Answer: D
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Stacey has $5,000,000 on deposit in a fund that earns 9% interest compounded annually. How much can Stacey withdraw annually from the fund in ten equal annual withdrawals to completely deplete the fund after the tenth draw, assuming the first withdrawal occurs today?
A. $714,771 B. $779,100 C. $861,298 D. $922,908
Write the first five terms of the geometric sequence with the given first term a and common ratio r.a = 6; r = 
A. 2, 
, 
, 
, 
B. 6, 
, 
, 7, 
C. 6, 18, 54, 162, 486
D. 6, 2, 
, 
, 
Establish the identity.cot ( x + y) cot (x - y) = 
What will be an ideal response?
Establish the identity.cot3x = cot x (csc2 x - 1)
What will be an ideal response?