Part 4 of the question I have the dropbox open and one of those is the answer.

when equal payments are made at the end of each period for a certain time period, they are treated as ordinary annuities. when equal payments are made at the end of each period for a certain time period, they are treated as an annuity due. A perpetuity is a series of equal payments made at fixed intervals that continue infinitely and can be thought of as an infinite annuity. An ordinary annuity of equal time earns less interest than an annuity due. Which of the following is an example of an annuity? Q A job contract that pays an hourly wage based on the work done on a particular day Q A job contract that pays a regular monthly salary for three years Ashley 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, she deposits $990 in her bank account, which pays her 6% interest annually. Ashley wants to keep saving for two years and then buy the newest LCD model that is available. Ashley's savings are an example of an annuity. How much money will Ashley have to buy a new LCD TV at the end of two years? $2,161.76 O $2,039.40 $1,733.49 $1,815.06 If Ashley deposits the money at the beginning of every year and everything else remains the same, she will save $2,039.40 by the end of two years. $2,161.76 $2,039.40 $1,923.96 $2,702.20