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Sophia will make deposits of $ 1 , 2 3 0 at the beginning of every year into an account earning 3 . 5 9

Sophia will make deposits of $

1, 230

at the beginning of every year into an account earning

3.59 %

compounded monthly for the next

26

years. What type of annuity is Sophia using?

Simple Annuity Due

Not an Annuity

Ordinary General Annuity

Ordinary Simple Annuity

General Annuity Due

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