Annuities involve: Options: A . &nbspA series of payments B . &nbspAll payments of equal amount C . &nbspPayment at equal time intervals D . &nbspAll of these

Annuities involve:

Question

Annuities involve:

Options:

A . A series of payments

B . All payments of equal amount

C . Payment at equal time intervals

D . All of these

Answer: Option D

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Question 1. An amount of P1,000 becomes P1,608.44 after 4 years compounded bimonthly. Find the nominal interest.....

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