There are two categories of cash flows: single cash flows, referred to as "lump sums," and annuities. Based on your understanding of annulte answer the following questions. Which of the following statements about annuities are true? Check all that apply. An ordinary annuity of equal time earns less interest than an annuity due. When equal payments are made at the beginning of each period for a certain time period, they are treated as an annuity due. When equal payments are made at the beginning of each period for a certain time period, they are treated as orditary anmuities. Annuities are structured to provide fixed payments for a specined period of time. Which of the following is an example of an annuity? A fund that invests in technology companies and distributes quarterly dividends for two out of lour quacters per year but not always the same quarters A retirement fund set up to pay a series of regular payments shiey 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 aving for it. At the end of each year, she deposits $1,760 in her bank account, which pays her 12% interest annually. Aghley wants to keep saving ive years and then buy the newest LCD model that is available. Ashley's savings are an example of an annuity. How much money wil Ashley have buy a new LCO TV at the end of five years? 512,522.73 56,344.41 511,181.01 49,503,96 If Ashiey de posits the money ot the beginning of every year and everything elie remains the suma, the will aave by the end of fivy years