हिंदी

Choose the correct alternative : Amount of money today which is equal to series of payments in future is called

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प्रश्न

Choose the correct alternative :

Amount of money today which is equal to series of payments in future is called

विकल्प

  • Normal value of annuity

  • Sinking value of annuity

  • Present value of annuity

  • Future value of annuity

MCQ
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उत्तर

Amount of money today which is equal to series of payments in future is called Present value of annuity.

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Annuity
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 2: Insurance and Annuity - Miscellaneous Exercise 2 [पृष्ठ २९]

APPEARS IN

बालभारती Mathematics and Statistics 2 (Commerce) [English] Standard 12 Maharashtra State Board
अध्याय 2 Insurance and Annuity
Miscellaneous Exercise 2 | Q 1.07 | पृष्ठ २९

संबंधित प्रश्न

A person invested ₹ 5,000 every year in finance company that offered him interest compounded at 10% p.a., what is the amount accumulated after 4 years? [Given (1.1)4 = 1.4641]


Find the amount accumulated after 2 years if a sum of ₹ 24,000 is invested every six months at 12% p.a. compounded half yearly. [Given (1.06)4 = 1.2625]


Find the rate of interest compounded annually if an annuity immediate at ₹20,000 per year amounts to ₹2,60,000 in 3 years.


Find the accumulated value of annuity due of ₹1,000 p.a. for 3 years at 10% p.a. compounded annually. [Given (1.1)3 = 1.331]


For an annuity immediate paid for 3 years with interest compounded at 10% p.a., the present value is ₹24,000. What will be the accumulated value after 3 years? [Given (1.1)3 = 1.331]


A person sets up a sinking fund in order to have ₹ 1,00,000 after 10 years. What amount should be deposited bi-annually in the account that pays him 5% p.a. compounded semi-annually? [Given (1.025)20 = 1.675]


Choose the correct alternative :

You get payments of ₹8,000 at the beginning of each year for five years at 6%, what is the value of this annuity?


Choose the correct alternative :

Rental payment for an apartment is an example of


Fill in the blank :

The payment of each single annuity is called __________.


Fill in the blank :

The intervening time between payment of two successive installments is called as ___________.


Fill in the blank :

If payments of an annuity fall due at the beginning of every period, the series is called annuity __________.


State whether the following is True or False:

Annuity certain begins on a fixed date and ends when an event happens.


State whether the following is True or False :

Annuity contingent begins and ends on certain fixed dates.


State whether the following is True or False :

Sinking fund is set aside at the beginning of a business.


Solve the following :

A shopkeeper insures his shop and godown valued at ₹5,00,000 and ₹10,00,000 respectively for 80 % of their values. If the rate of premium is 8 %, find the total annual premium.


Solve the following :

Find the amount of an ordinary annuity if a payment of ₹500 is made at the end of every quarter for 5 years at the rate of 12% per annum compounded quarterly. [(1.03)20 = 1.8061]


Solve the following :

Find the amount a company should set aside at the end of every year if it wants to buy a machine expected to cost ₹1,00,000 at the end of 4 years and interest rate is 5% p. a. compounded annually. [(1.05)4 = 1.21550625]


Solve the following :

A person purchases a television by paying ₹20,000 in cash and promising to pay ₹1,000 at end of every month for the next 2 years. If money is worth 12% p. a. converted monthly, find the cash price of the television. [(1.01)–24 = 0.7875]


Solve the following :

Find the future value after 2 years if an amount of ₹12,000 is invested at the end of every half year at 12% p. a. compounded half yearly. [(1.06)4 = 1.2625]


Multiple choice questions:

If for an immediate annuity r = 10% p.a., P = ₹ 12,679.46 and A = ₹ 18,564, then the amount of each annuity paid is ______


The present value of an immediate annuity for 4 years at 10% p.a. compounded annually is ₹ 23,400. It’s accumulated value after 4 years would be ₹ ______


If for an immediate annuity r = 10% p.a., P = ₹ 12,679.46 and A = ₹ 18,564, then the amount of each annuity paid is ______


An annuity in which each payment is made at the end of period is called ______


The intervening time between payment of two successive installments is called as ______


A company decides to set aside a certain sum at the end of each year to create a sinking fund, which should amount to ₹ 4 lakhs in 4 years at 10% p.a. Find the amount to be set aside each year?
[Given (1.1)4 = 1.4641]


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