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Maylin will make deposits of $3,880 at the end of every six months into an account earning 4.96% compounded monthly for the next 21 years.

Maylin will make deposits of $3,880 at the end of every six months into an account earning 4.96% compounded monthly for the next 21 years. What type of annuity is Maylin using?

  • Ordinary General Annuity
  • Simple Annuity Due
  • General Annuity Due
  • Not an Annuity
  • Ordinary Simple Annuity

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