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Annuity

Authored by Maricar Sanguan

Mathematics

11th Grade

CCSS covered

Used 483+ times

Annuity
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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is a series of equal payments at regular intervals.

Interest

Annuity

Logic

Proposition

Tags

CCSS.HSA.SSE.B.4

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Ordinary annuity is paid or received at the _______ of the time periods.

beginning

end

middle

quarter

Tags

CCSS.HSA.SSE.B.4

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Annuity Due is an annuity that is paid or received at the ____________ of the time period

end

beginning

middle

quarter

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The term used for an annuity in which the number of compounding periods per year coincides with the number of annuity payments per year.

Simple

Regular

General

Value

Tags

CCSS.HSF-LE.A.1C

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It is an annuity in which the annuity payments and compounding periods do not coincide.

Simple

General

Regular

Compound

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Another term used for Future Value of an Annuity which is the sum of the compound amount of all payments, compounded to the end of term

Maturity Value

Expanded

Complicated Value

Present Value

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Determine the present value on July 7 of P6,800 paid at the end of each subsequent calendar quarter for 7 years if money is worth 6% compounded quarterly. What is the type of annuity in the given?

Simple

General

Deferred

Tags

CCSS.HSF.BF.A.2

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