We are given two annuity plans, a and b, and the amount invested into each plan every month. given this information, determine which of the two investments is an ordinary annuity, and the amount invested over a 12 month period? a. investment a is an ordinary annuity with an annual contribution of $1,100b. investment a is an ordinary annuity with an annual contribution of $100c. investment b is an ordinary annuity with an annual contribution of $1,100d. investment b is an ordinary annuity with an annual contribution of $100

Investment B is an ordinary annuity with an annual contribution of $1,100.

Option C

Explanation:

An annuity is an equivalent payment show made over a fixed period at the end of consecutive periods.

While regular annuity payments are made as frequently as every week, usually monthly, quarterly, semi-annually and annually. In practice, payments are made. The reverse of an ordinary rental is an annuity to be paid at the start of each period.

Consistent quarterly investment earnings are an example of ordinary rents; monthly rents are a case in point of the due rents.

forbearance of student loan payments. under forbearance, your loan payments are postponed (or reduced) but interest continues to accrue during the period of forbearance. if you don't pay the interest during that period, the interest may be “capitalized,” which means it is added to your principal balance.

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