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What is not an example of an annuity? Group of answer choices 20 annual payments received when you win the lottery Social security payments to

What is not an example of an annuity?

Group of answer choices

20 annual payments received when you win the lottery

Social security payments to a retiree

Home mortgage payments

Car lease payments or loan payments

Paying taxes each year

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Jerry borrows $450,000 from a bank for 12% for a 30-year mortgage. What is his annual payment?

Group of answer choices

54,873

56,800

15,000

55,865

47,735

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