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Annuities and Sinking Funds
1. You need to know how annuities work because many financial planners advise their clients to have them for retirement planning. Do you think that you need them? If so, then how old should you be when you buy one?
There are three questions that you must consider.
2. Search the internet to find an article or real-world application involving annuities that you find interesting and informative. Present this article to the class and explain why you choose the example. Include the URL for the site you used. Do not copy the text in the site verbatim. You should summarize your findings.
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