Npurchases an annuity by making payments in an amount no less than $100 quarterly. this describes which of the following annuities?
a. installment immediate
b. fixed installment deferred
c. flexible installment deferred
d. flexible premium immediate

B. Fixed installment Differed

Step-by-step explanation: Since the total money to be paid quarterly that is at the end of every 3 months should be greater or equal to $100 {that is the least accumulated amount is $100 but it can exceed}we say it is a Fixed installment Differed and it's as continuity.

41*67/2=1373.5

step-by-step explanation:

i just used a calculator