annuities and future values

mcqspedia.com has 5 Question/Answers about Topic annuities and future values

Reciprocal of series compound amount factor is classified as

Reciprocal of series compound amount factor is classified as
  • A. series fund factor
  • B. sinking fund factor
  • C. annuity fund factor
  • D. nominal fund factor
  • Correct Answer: Option B

Regular deposits to savings account and periodic payments for retirement funds are considered as

Regular deposits to savings account and periodic payments for retirement funds are considered as
  • A. marginal payment
  • B. nominal payment
  • C. annuity
  • D. effective payment
  • Correct Answer: Option C

Series of payments made periodically is classified as

Series of payments made periodically is classified as
  • A. annuity
  • B. effective payment
  • C. marginal payment
  • D. nominal payment
  • Correct Answer: Option A

Accumulated series of deposits as future sum of money is classified as

Accumulated series of deposits as future sum of money is classified as
  • A. marginal fund
  • B. nominal fund
  • C. sinking fund
  • D. annuity fund
  • Correct Answer: Option C

Assumption in calculating annuity is that every payment is

Assumption in calculating annuity is that every payment is
  • A. equal
  • B. different
  • C. nominal
  • D. marginal
  • Correct Answer: Option A