Divide $2,050 \div 0.75$ A) 3,10095
B) 2,855

question 147

Multiple Choice

Divide. $2,050 \div 0.75$

• A) 3,100.95
• B) 2,855.87
• C) 2,733.33
• D) 2,981.52
• E) 2,198.99

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Definitions:

Ordinary Annuity

Consistent payouts distributed at the conclusion of each cycle over an established length.

Deferred Annuity

An insurance product that provides future payments to the holder, starting at a designated date rather than immediately.

Ordinary Annuity

Identical sums disbursed following each period within an allotted timeframe.

Conditional Sale Contract

A contract agreement where the sale is contingent upon fulfilling certain conditions or terms.