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Deposits of $529.00 are made at the end of each year for four years earning interest at 7% compounded monthly, Classify the annuity by (a)

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Deposits of $529.00 are made at the end of each year for four years earning interest at 7% compounded monthly, Classify the annuity by (a) term: (b) date of payment; and (c) conversion period. (a) Based on the term, the annuity is (b) Based on the date of payment, the annuity is (c) Based on the conversion period, the annuity is Deposits of $529.00 are made at the end of each year for four years earning interest at 7% compounded monthly. Classify the annuity by (a) term. (b) date of payment; and (c) conversion period (a) Based on the term, the annuity is (b) Based on the date of payment, the (c) Based on the conversion period, ti a perpetuity an annuity certain a contingent annuity Deposits of $529.00 are made at the end of each year for four years earning interest at 7% compounded monthly Classity the annuity by (a) term; (b) date of payment; and (c) conversion period. (a) Based on the term, the annuity is (b) Based on the date of payment, the annuity is (c) Based on the conversion period, the annuity is an annuity due and deferred an annuity due an ordinary annuity deferred. an ordinary annuity. (c) Based on the conversion period, the annuity is a simple annuity a general annuity

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