Q2M5
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Q2M5
Quiz
•
Mathematics
•
11th Grade
•
Practice Problem
•
Hard
Neil Christian Medina
FREE Resource
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13 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What do you call a sequence of payments made at equal time periods?
Compound Interest
Simple Interest
Principal
Annuity
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a type of annuity where the payment interval is the same as the interest period?
Simple Annuity
General Annuity
Simple Interest
Ordinary Annuity
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the type of annuity in which the payment interval is not the same as the interest period?
Annuity Due
Simple Annuity
General Annuity
Simple Interest
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is equal to the down payment plus the present value of the installment payments?
Markup
Downpayment
Cash Price
Markdown
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Installment payment for an appliance at the end of each month with interest compounded monthly is an example of what type of annuity?
Annuity Due
General Annuity
Simple Annuity
Ordinary Annuity
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the sum of present values of all the payments to be made during the entire term of the annuity?
Periodic Payment
Future Value of an Annuity
Term of an Annuity
Present Value of an Annuity
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the time between the first payment interval and last payment interval?
Present Value of an Annuity
Periodic Payment
Term of an Annuity
Payment Interval
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