- Ordinary annuity
- Perpetuity
- Annuity due
- Deferred annuity
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A man has 'n' magical eggs whose average weight is 'k' gm. Each of the 'n' eggs produces 'n' eggs next day such that the average weight of 'n' eggs produced is same as that of the parental egg for each 'n' groups individually i.e. each egg produces 'n' eggs of next generation and average weight of all the 'n' eggs of next generation is same as the weight of the mother egg. This process is continued without any change in pattern. What is the total weight of all the eggs of rth generation, where the initial number of eggs with man are considered as the eggs of first generation.?
Answer: Option 4 The weight is increasing in form of GP so the total weight of eggs in the end of rth will be nrk.
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An empty fuel tank of a car was filled with A type petrol. When the tank was half-empty, it was filled with B type petrol. Again when the tank was half-empty, it was filled with A type petrol. When the tank was half-empty again, it was filled with B type petrol. What is the percentage of A type petrol at present in the tank?
Answer: Option 2 Let the capacity of the tank be 100 litres Initially: A type petrol = 100 litres After first operation: A type petrol = $$\frac{{100}}{2}$$ = 50 litres B type petrol =...
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An empty fuel tank of a car was filled with A type petrol. When the tank was half-empty, it was filled with B type petrol. Again when the tank was half-empty, it was filled with A type petrol. When the tank was half-empty again, it was filled with B type petrol. What is the percentage of A type petrol at present in the tank ?
Answer: Option 2 Let the capacity of the tank be 100 litres. Then, Initially : A type petrol = 100 litres After first operation : A type petrol = $$\left( {\frac{{100}}{{2}}} \right)$$ = 50 litres...
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What is the term for an annuity with a fixed time span?
Answer: Option 3 Let'
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What is the type of annuity where the first payment does not begin until some later date in the cash flow?
Answer: Option 4 Let'
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What is the type of annuity that does not have a fixed time span but continues indefinitely or forever?
Answer: Option 2 Let'
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What is the type of annuity where the payments are made at the end of each period starting from the first period?
Answer: Option 1 Let'
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In process costing method, when work done in current accounting period and beginning inventory before current accounting period, is classified as?
Answer: Option 4 In process costing method, when work done in current accounting period and beginning inventory before current accounting period, is classified as First-in, first-out method.
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What are the two distinct phases of a deferred annuity?
Answer: Option 3 Accumulation and Payout phases are the two distinct phases of a deferred annuity. A deferred payment annuity is an insurance product that provides future payments to the...
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In a joint life annuity, what would happen to annuity payment if the spouse is to predecease the annuitant?
Answer: Option 2 In a joint life annuity, Annuity would cease if the spouse is to predeceased the annuitant.
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