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Read the following news articles on financial mathematics and answer the following questions: https://www.forbes.com/advisor/investing/compound-interest/ https://www.investopedia.com/terms/a/annuity.asp https://www.cnbc.com/2022/06/09/annuity-sales-buoyed-by-fear-higher-rates-what-to-know-before-buying.html a) Read the first article define compound interest. b)

Read the following news articles on financial mathematics and answer the following questions: https://www.forbes.com/advisor/investing/compound-interest/

https://www.investopedia.com/terms/a/annuity.asp

https://www.cnbc.com/2022/06/09/annuity-sales-buoyed-by-fear-higher-rates-what-to-know-before-buying.html a) Read the first article define compound interest. b) Discuss the major factors that can affect the power of compounding? Provide a hypothetical example to support your arguments. c) Identify the problem with compounding investment portfolio if the market goes down? d) From the second and thirds articles, define annuity and pros, cons and alternatives of an annuity.

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