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Which of the following is an example of an annuity? An investment in a certificate of deposit (CD) O A lump sur payment made to

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Which of the following is an example of an annuity? An investment in a certificate of deposit (CD) O A lump sur payment made to a life insurance company that promises to make a series of equal payments later for some period of time Ana had a high monthly food bill before she decided to cook at home every day in order to reduce her expenses. She starts to save $750 every year and plans to renovate her kitchen. She deposits the money in her savings account at the end of each year and earns 6% annual interest. Ana's savings are an example of an annuity. If Ana decides to renovate her kitchen, how much would she have in her savings account at the end of 4 years, rounded to the nearest whole dollar? $2,789 $3,281 $3,478 $4,429 IT Ana deposits the money at the beginning of every year and everything else remains the same, she will save by the end of 4 years

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