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Which of the following statements about annuities are true? Check all that apply. An annuity due is an annuity that makes a payment at the

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Which of the following statements about annuities are true? Check all that apply. An annuity due is an annuity that makes a payment at the beginning of each perlod for a certain time period. An annuity due barns more interest than an ordinary annulty of equal time, An annuity is a series of equal payments made at fixed intervals for a specified number of periods Ordinary annuities make fixed payments at the beginning of each perlod for a certain time period. Which of the following is an example of an annuity? O Alump-sum payment made to a life Insurance company that promises to make a series of equal payments later for some period of time. O An Investment in a certificate of deposit (CD). Luana loves shopping for clothes, but considering the state of the economy, she has decided to start saving. At the end of each year, she will deposit $710 in her local bank, which pays her 4% annual interest. Luana decides that she will continue to do this for the next five years, Luana's savings are an example of an annuity. How much will she save by the end of five years? $3,160.79 $3,999.41 $3,999.41 53,645.59 O $3,268,75 $3,287.23 53,845.59 34,999.26 by the end of five If Luono deposits the money at the beginning of every year and everything else remains the same, the will save years

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