Related Questions

In a joint life annuity, what would happen to annuity payment if the spouse is to predecease the annuitant?
A Annuity would continue
B Annuity would cease
C A & B correct
D None of the above
What is the type of annuity where the payments are made at the end of each period starting from the first period?
A Ordinary annuity
B Perpetuity
C Annuity due
D Deferred annuity
The annuity which refers to a debt payment for recovering the initial amount or capital in equal periodical payments, is known as;
A Present Worth Annuity
B Sinking fund annuity
C Compound annuity
D Capital recovery annuity
What is the type of annuity where the first payment does not begin until some later date in the cash flow?
A Ordinary annuity
B Perpetuity
C Annuity due
D Deferred annuity
During a month, Jalil used 1/6 of his monthly salary for a car payment and an amount which is 1.25 times more than the car payment for rent. What fraction of his monthly salary did Jalil use that month the car payment and rent combined?
A 5/24
B 3/8
C 7/12
D none of these
What is the type of annuity where the payments are made at the beginning of the each period starting from the first period?
A Ordinary annuity
B Perpetuity
C Annuity due
D Deferred annuity
A type of security payment in which payments are made at equal intervals of time and each payment amount is same is classified as
A fixed interval investment
B fixed payment investment
C annuity
D lump sum amount
If Sabbir requires 5 minutes to make a box and Zoha requires 7 minutes to make a box, what will be the number of boxes made by Sabbir to the number of boxes made by Zoha if they work for 5 hours and 50 minutes?
A 5 to 6
B 7 to 5
C 5 to 7
D 6 to 5
A person buys a TV worth BDT 3,90,000 with a down payment of 40,000, including Tk. 5000 as first month's installment . How many more installments does he have to pay if his installments had to double after each successive payment?
A 6
B 7
C 8
D 10
Which is NOT an essential element of an ordinary annuity?
A The amounts of all payments are equal.
B The payments are made at equal interval of time.
C The first payment is made at the beginning of the first period.
D Compound interest is paid on all amounts in the annuity.

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