Nicki Johnson, a teacher retiring soon, receives a call from an insurance agent. The agent talks to Nikki about several annuities that she could buy that would guarantee her an

annual $($guaranteed$)$ income. The annuities are as follows in the popup window:

If Nicki could earn $11$ percent on her money by placing it in a savings account, should she place it instead in any of the annuities? Which ones, if any? Why?

a$.$ What rate of return could Nicki earn on her money if she place it in annuity A with $$8,000$ payment per year and $18$ years duration

$\%($Round to two decimal places.$)$

If Nicki could earn $11$ percent on her money by placing it in a savings account, should she place it instead in annuity A$?($Select the best choice below.$)$

A$.$ Yes. Nicki should place her money in annuity A because the expected rate of return on the annuity is greater than the one on the savings account.

B$.$ No$.$ Nicki should not place her money in annuity A because the expected rate of return on the annuity is smaller than the one on the savings account.

b$.$ What rate of return could Nicki earn on her money if she placed it in annuity annuity B with $$9,000$ payment per year and $25$ years duration?

$|\%|($Round to two decimal places.$)$

Nicki could earn $11$ percent on her money by placing it in a savings account, should she place it instead in annuity B$?($Select the best choice below.$)$

A$.$ Yes. Nicki should place her money in annuity B because the expected rate of return on the annuity is greater than the one on the savings account.

B$.$ No$.$ Nicki should not place her money in annuity B because the expected rate of return on the annuity is smaller than the one on the savings account.

c$.$ What rate of return could Nicki earn on her money if she placed it in annuity annuity C with $$7,000$ payment per year and $15$ years duration?

$\%($Round to two decimal places.$)$

If Nicki could earn $11$ percent on her money by placing it in a savings account, should she place it instead in annuity C$?($Select the best choice below.$)$