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Emily receives $2,500 from an investment at the beginning of every quarter for 6 years and 3 months at 4.88% compounded monthly. a. What type

Emily receives $2,500 from an investment at the beginning of every quarter for 6 years and 3 months at 4.88% compounded monthly.

a. What type of annuity is this?

i.Ordinary simple annuity

ii.Ordinary general annuity

iii.Simple annuity due

iiii.General annuity due

b. How many payments are there in this annuity?

Round up to the next payment

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