45. Which of the following statements is true about annuity? A. It is a series of...

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45. Which of the following statements is true about annuity? A. It is a series of payments of equal amount but made not of equal interval of time. B. It is a series of payments of unequal amounts, though made at an equal interval of time. C. It is a series of payments of equal amount made at an equal interval of time. D. None of the above 46.lf you have PHP5,000.00, which of the following investment alternatives would provide the greatest ending wealth for your one-year investment? 72 A. percent simple interest 100 7 percent compounded annually В. 10 C. percent compounded semi-annually 10 7 D. percent compounded quarterly 10 | 45. Which of the following statements is true about annuity? A. It is a series of payments of equal amount but made not of equal interval of time. B. It is a series of payments of unequal amounts, though made at an equal interval of time. C. It is a series of payments of equal amount made at an equal interval of time. D. None of the above 46.lf you have PHP5,000.00, which of the following investment alternatives would provide the greatest ending wealth for your one-year investment? 72 A. percent simple interest 100 7 percent compounded annually В. 10 C. percent compounded semi-annually 10 7 D. percent compounded quarterly 10 |