Q2W3 : ANNUITY
Quiz
•
Mathematics
•
1st Grade
•
Practice Problem
•
Hard
+2
Standards-aligned
Ervin Perez
Used 38+ times
FREE Resource
20 questions
Show all answers
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
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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