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प्रश्न
Example of contingent annuity is ___________.
विकल्प
Installments of payment for a plot of land
An endowment fund to give scholarships to a student
Personal loan from a bank
All the above
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उत्तर
Example of contingent annuity is An endowment fund to give scholarships to a student.
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संबंधित प्रश्न
If the payment of ₹ 2,000 is made at the end of every quarter for 10 years at the rate of 8% per year, then find the amount of annuity. [(1.02)40 = 2.2080]
Find the present value of ₹ 2,000 per annum for 14 years at the rate of interest of 10% per annum. If the payments are made at the end of each payment period. [(1.1)–14 = 0.2632]
Find the present value of an annuity of ₹ 900 payable at the end of 6th month for 6 years. The money compounded at 8% per annum. [(1.04)–12 = 0.6252]
What is the amount of perpetual annuity of ₹ 50 at 5% compound interest per year?
If ‘a’ is the annual payment, ‘n’ is the number of periods and ‘i’ is compound interest for ₹ 1 then future amount of the ordinary annuity is
An annuity in which payments are made at the beginning of each payment period is called ___________.
The present value of the perpetual annuity of ₹ 2000 paid monthly at 10% compound interest is ___________.
Find the amount of annuity of ₹ 2000 payable at the end of each year for 4 years of money is worth 10% compounded annually. [(1.1)4 = 1.4641]
An equipment is purchased on an installment basis such that ₹ 5000 on the signing of the contract and four-yearly installments of ₹ 3000 each payable at the end of first, second, third and the fourth year. If the interest is charged at 5% p.a find the cash down price. [(1.05)–4 = 0.8227]
Find the amount of an ordinary annuity of ₹ 500 payable at the end of each year for 7 years at 7% per year compounded annually. [(1.07)7 = 1.6058]
