Annuity

Annuity

12th Grade

10 Qs

quiz-placeholder

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Annuity

Annuity

Assessment

Quiz

Mathematics

12th Grade

Easy

Created by

Mark Joseph S. Bonilla

Used 1+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

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

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

Perpetuity

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?

endowment annuity
deferred annuity
immediate annuity
ordinary annuity

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the type of annuity in which payments

begin and end at a definite

times?

deferred annuity

annuity certain

perpetuity
ordinary annuity

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