brandy9258 brandy9258

27-10-2022
Mathematics

contestada

ABC Insurance offers an annuity with a minimum interest rate of 3.5% APR for
the next 5 years. You decide to invest $2000 into this account. What type of
annuity is this?
O A. Single-payment fixed annuity
B. Recurring-payment
fixed annuity
C. Recurring-payment variable annuity
D. Single-payment variable annuity

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