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PLEASE ANSWER REALLY IMPORTANT! XYZ Insurance offers an annuity with 5.9% APR for the next ten years. You decide to invest $100 each quarter into this account. What type of annuity is this?
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PLEASE ANSWER REALLY IMPORTANT!

XYZ Insurance offers an annuity with 5.9% APR for the next ten years. You
decide to invest $100 each quarter into this account. What type of annuity is
this?

User Victor Company
by
6.9k points

1 Answer

2 votes

Answer: RECURRING-PAYMENT FIXED ANNUITY APEX

User Alan Forsyth
by
6.4k points
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