Annuities
Authored by Robert Norberte
Mathematics
University
CCSS covered
Used 142+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is a series of payments usually equal, made at equal intervals of time.
sinking fund
annuity
bond
loan
Tags
CCSS.HSF.BF.A.2
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is an annuity in which payment periods coincide with the interest conversion periods.
compound
simple
general
complex
3.
MULTIPLE SELECT QUESTION
45 sec • 1 pt
It is an annuity in which payment periods do not coincide with the interest conversion periods.
simple
compound
complex
general
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is annuity in which payments are made at the end of the payment periods.
annual
ordinary
annuity due
deferred
Tags
CCSS.HSF-LE.A.1C
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is an annuity in which payments are made at the beginning of the payment periods.
early
ordinary
general
annuity due
Tags
CCSS.HSF-LE.A.1C
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Mario deposits P800 at the end of each 3 months in a loan association which gives 8% compounded quarterly. What is P800 in the given situation?
annual payment
interest
periodic payment
loan payment
Tags
CCSS.HSF.BF.A.2
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is an annuity in which periodic payments run indefinitely.
perplexity
perpetuity
perpetual
infinity
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