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Q2W3 : ANNUITY

Authored by Ervin Perez

Mathematics

1st Grade

CCSS covered

Used 39+ times

Q2W3 : ANNUITY
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20 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The process of loan repayment by installment payments is classified as _________.

Amortizing a Loan

Depreciation of Loan

Appreciation of Loan

Appreciation of Investment

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

This is the formula used in annuity for the calculation of ________.

Future Value of Annuity

Present Value of Annuity

Simple Interest

Compound Interest

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

An Ordinary Annuity assumes __________ of period payments while an Annuity Due Assumes ________ of period payments.

Beginning, Later Date

End, Beginning

Beginning, End

Later Date, End

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

It is a series of equal payments at regular intervals.

Interest

Logic

Annuity

Proposition

Tags

CCSS.HSA.SSE.B.4

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

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

Beginning

Middle

End

Annual

Tags

CCSS.HSF-LE.A.1C

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

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

Beginning

Middle

End

Annual

7.

MULTIPLE CHOICE QUESTION

20 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

General

Compound

Regular

Tags

CCSS.8.EE.C.7B

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