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Which ot the tollowing statements about annuities are true Check all that apply An annuity due earns more interest than an ordinary annuity of equalt

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Which ot the tollowing statements about annuities are true Check all that apply An annuity due earns more interest than an ordinary annuity of equalt An annuity is a series of equal payments made at fixed intervals for a speuiied number of periods 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. Which of the following is an example of an annuity? O A retirement fund set up to pay a series of regular payments O A fund that invests in technology companies and distributes quarterly dividends for two out of four quarters per year but not always the same quarters 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 ill deposit $1,340 in her local bank, which pays her 7% annual interest. Luana decides that she will continue to do this for the next four years. Luana's savings are an example of an annuity. How much will she save by the end of four years? O $5,057.09 O $5,949.52 O $4,538.86 o $6,365.99 If Luana deposits the money at the beginning of every year and everything else remains the same, she will save by the end of four years

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