the periodic payment is not made at the beginning nor at the end of each payment interval, but some later date.

Identification (part 2)

Quiz
•
Mathematics
•
11th Grade
•
Hard
Ma'am Vina Jimenez
Used 1+ times
FREE Resource
36 questions
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1.
FILL IN THE BLANK QUESTION
1 min • 1 pt
2.
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1 min • 1 pt
first payment is made at the end of every payment interval.
3.
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1 min • 1 pt
first payment is made at the beginning of every payment interval.
4.
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1 min • 1 pt
a series of periodic payments which are to run infinitely or forever
5.
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1 min • 1 pt
A payment to an agent or sales person based on the value or quantity of goods bought and sold
6.
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1 min • 1 pt
is an arrangement in which a lender gives money (principal) to borrower in exchange for the future repayment of the principal along with the interest or other finance charges
7.
FILL IN THE BLANK QUESTION
1 min • 1 pt
a paper issued to a shareholder which shows on its face the number of shares it represents.
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