Based on your understanding of annuities, answer the following questions, Which of the following statements about annuities are true? Check all that apply When equal payments are made at the beginning of each period for a certain tirrie period, they are treated as ordinary annuities Annuities are structured to provide fixed payments for a fixed perlod of time. When equal payments are made at the beginning of each period for a certain time period, they are treated as an annuity due An ordinary annulty of equal time carns less interest than an annuity due. Which of the following is an example of an annuity? A ob contract that pays a regular monthly salary for three years A job contract that pays an hourly wage based on the work done on a particular day Caroline has a large and growing collection of animated movies. She wants to replace her old television with a new LCD model, so she has started saving for it. At the end of each year, the deposits $750 in her bank account, which pays her 5% interest annualy, Caroline wants to keep saving for 5 years and then buy the newest LCD model that is available. Caroline's savings are an example of an annuity How much money will Caroline have to buy a new LCD TV at the end of 5 years, rounded to the nearest whole dollar $3,522 $5,594 54,351 If Caroline deposits the money at the beginning of every year and everything else remains the same, she will save years? by the end of