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Which of the following statements about annuities are true? Check all that apply. An annuity due earns more interest than an ordinary annuity of equal

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Which of the following statements about annuities are true? Check all that apply. An annuity due earns more interest than an ordinary annuity of equal time. An annuity due is an annuity that makes a payment at the beginning of each period for a certain time period. Ordinary annuities make fixed payments at the beginning of each period for a certain time period. An annuity is a series of equal payments made at fixed intervals for a specified number of periods. Which of the following is an example of an annuity? A job contract that pays an hourly wage based on the work done on a particular day. A job contract that pays a regular monthly salary for three years. Ashley 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 saving for it. At the end of each year, she deposits $920 in her bank account, which pays her 9% interest annually. Ashley wants to keep saving for two years and then buy the newest LCD model that is available. Ashley's savings are an example of an annuity. How much money will Ashley have to buy a new LCD TV at the end of two years? $2,095.85 $1,922.80 O $1,634.38 $1,764.04 O $1,618.38 $2,619.81 $1,922.80 $2,095.85 If Ashley deposits the money at the beginning of every year and everything else remains the same, she will save by the end of two years

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