Simple and General Annuities

Simple and General Annuities

11th Grade

30 Qs

quiz-placeholder

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Simple and General Annuities

Simple and General Annuities

Assessment

Quiz

Mathematics

11th Grade

Medium

CCSS
HSA.SSE.B.4, 8.EE.C.7B, HSF.BF.A.2

+3

Standards-aligned

Created by

Princess Buling

Used 24+ times

FREE Resource

30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

This refers to a sequence of equal periodic payments made at regular intervals.

annuity

simple interest

compound interest

annuity certain

Tags

CCSS.HSA.SSE.B.4

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

It is an annuity which has a fixed or definite term of the beginning and end time of payment.

annuity certain

annuity uncertain

simple annuity

general annuity

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

It is an annuity whose payment is the same as the conversion period.

annuity certain

annuity uncertain

simple annuity

general annuity

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

It is an annuity in which first payment starts at some future date.

annuity certain

deferred annuity

ordinary annuity

annuity due

Tags

CCSS.8.EE.C.7B

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

It is an annuity which payment interval and interest period do not coincide.

annuity certain

annuity uncertain

simple annuity

general annuity

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

It is an annuity in which payment's beginning and ending is not determined.

annuity certain

deferred annuity

ordinary annuity

contingent annuity

Tags

CCSS.HSA.SSE.B.4

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

It is an annuity in which periodic payment starts at the end of each payment interval.

annuity certain

deferred annuity

ordinary annuity

contingent annuity

Tags

CCSS.HSA.SSE.B.4

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