What is an annuity and what is an example of an annuity? Select one: a. Annuity is a future payment, and an example is the principal of a bond. b. Annuity is a stream of equal payments, and an example are car payments. C. Annuity is a steam of unequal payments, and an example is purchasing gas for a car. d. Annuity is a past payment, and an example is prepaid expenses. eBook Print Question 2 Not yet answered Marked out of 2.00 P Flag question If I invest $1,000 in a savings account today that has an annual interest rate of 10% compounded semiannually for 5 years, how much will have at the end of five years? Select one: a $1,000 x 1.61051 (Future Value of $1 10% for 5 periods) - $1,610.51 b. 51,000 x 12.57789 (Future Value of Annuity of $1 5% for 10 periods) - 512,577.89 C. $1,000 x 1.62889 (Future Value of $1@5% for 10 periods) - $1,628.89 O d. 51,000 x 6.10510 (Future Value of Annuity of 1@10% for 5 periods) = $6,105.10