Which of the following are examples of annuities?
A. A pension plan which pays the holder every month until they die an amount equal to their last month’s salary, adjusted every 2 years by the national average wage inflation rate. | |
B. A two year cell phone contract with fixed monthly charges. | |
C. A 30 year home mortage with fixed monthly charges. | |
D. The monthly charges from Southern California Edison (an electricity company) based on a home’s electricity usage. | |
E. A two year home rental contract with fixed monthly rental fees. |