What is an annuity where the payment interval is not the same as the interest period?

Annuity

Quiz
•
Mathematics
•
12th Grade
•
Easy
Mark Joseph S. Bonilla
Used 1+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Annuity Due
Contingent Annuity
General Annuity
Simple Annuity
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is the type of annuity in which
the payments are made at
beginning of each payment
interval?
Annuity Due
Annuity Certain
Contingent Annuity
Ordinary Annuity
3.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is a sequence of payments made at equal intervals or periods of time?
Annuity
Interest
Investment
Payment
4.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is an annuity in which the
payments extend over an indefinite (or indeterminate)
length of time?
Annuity Certain
Contingent Annuity
Ordinary Annuity
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is an annuity where the payment
interval is the same as
the interest period?
Annuity Due
Contingent Annuity
Ordinary Annuity
Simple Annuity
6.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is the type of annuity
in which the payments are made
at the end of each payment interval?
7.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
What is the type of annuity in which payments
begin and end at a definite
times?
annuity certain
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