Simple and General Annuities
Authored by Princess Buling
Mathematics
11th Grade
CCSS covered
Used 28+ times
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30 questions
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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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