Genmath

What are the two kinds of annuity?

What is P in the formula I=Prt?

• Percentage

• Principal amount

• Present amount

• Percent

What is the formula for simple in simple interest?

It is the kind of interest where in the interest is computed on the principal only.

It is a type of annuity in which payment interval is the same as the interest period.

True or false: Regular payment is a payment scheme done by instalment periodically and in equals amount

True or False: Dividend is the share of a shareholder in the company's profit.

• True

• False

True or False: Cash Value of a purchase is equal to the downpayment plus the present value of the installment payments

• True

• False

It is the amount after t years , that the lender receives from the borrower on the maturity date.

• future value

• present value