Gather and interpret information about annuities, describe the key features of an annuity, and identify real-world applications (e.g., RRSP, mortgage, RRIF, RESP)
12C.B.1.2
Determine, through investigation using technology (e.g., the TVM Solver on a graphing calculator; online tools), the effects of changing the conditions (i.e., the payments, the frequency of the payments, the interest rate, the compounding period) of an ordinary simple annuity
