B. Identify whether the given illustrates simple or general annuity.

1. A life insurance contribution paid monthly while the interest is compou 2. Your mom decided to join their office cooperative and agreed to contri compounded monthly.
3. Your parents are planning to save for their retirement. To do this, they their retirement funds which will earn 5% compounded quarterly.
4. Your eldest brother applied for a term life insurance. His contribution
5. A college educational plan earns 4% compounded quarterly and payme Prepared by​