Q12

If you can earn 11% on your money by placing it in a savings account, which annuities in the table below will earn you a higher return than investing in the savings account?

Annuity	Purchase Price of the Annuity	Amount of Money Received per Year	Duration of the Annuity (years)
A	40,000	8,000	15
B	50,000	8,500	20
C	65,000	7,000	25

		Annuity A
		Annuity B
		Annuity C
		Annuity A and Annuity B
		Annuity A and Annuity C