Question: Activity 1.1 Read each problem carefully and tell whether each of the given information describes a simple annuity or general annuity. Complete the diagram that

Activity 1.1 Read each problem carefully and tell whether each of the given information describes a simple annuity or general annuity. Complete the diagram that follows. Have Fun! a. Monthly payments of P 3,000 for 4 years with interest rate of 3% compounded monthly. Type of Annuity: Class flow in the time diagram: Payment 3401 Period 2 3

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