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rolpace88 rolpace88
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8 years ago
The accumulation phase of an annuity is characterized by:
   I. paying money into the fund
   II. receiving money from the fund
   III. the fund balance may earn compound interest
A) II only
B) III only
C) both I and III
D) I only
Textbook 
Business Math

Business Math


Edition: 10th
Authors:
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MillionMillion
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8 years ago
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rolpace88 Author
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#2
8 years ago
That is correct Slight Smile

Thx
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#3
8 years ago
You're welcome. All I ask in return is a thumbs up!
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