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What type of annuity is the following: Deposits of $25 are made at the beginning of each week for six years earning interest at 1.5%
What type of annuity is the following:
Deposits of $25 are made at the beginning of each week for six years earning interest at 1.5% compounded monthly.
A. Simple annuity
B.General annuity
C. Non of the above
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