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प्रश्न
In an ordinary annuity, payments or receipts occur at ______.
विकल्प
Beginning of each period
End of each period
Mid of each period
Quarterly basis
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उत्तर
In an ordinary annuity, payments or receipts occur at end of each period.
Explanation:
Payments are made at the conclusion of each period (such as a month, quarter, or year) in an ordinary annuity. Bond interest payments, mortgage payments, and loan payments are typical instances. As a result, payments for an annuity due are made at the start of each period.
संबंधित प्रश्न
Find the present value of an annuity immediate of ₹36,000 p.a. for 3 years at 9% p.a. compounded annually. [Given (1.09)−3 = 0.7722]
A lady plans to save for her daughter’s marriage. She wishes to accumulate a sum of ₹ 4,64,100 at the end of 4 years. What amount should she invest every year if she gets an interest of 10% p.a. compounded annually? [Given (1.1)4 = 1.4641]
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 number of years for which an annuity of ₹500 is paid at the end of every year, if the accumulated amount works out to be ₹1,655 when interest is compounded annually at 10% p.a.
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]
Find the present value of an annuity due of ₹ 600 to be paid quarterly at 32% p.a. compounded quarterly. [Given (1.08)−4 = 0.7350]
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 :
Amount of money today which is equal to series of payments in future is called
Fill in the blank :
The payment of each single annuity is called __________.
Fill in the blank :
An annuity where payments continue forever is called __________.
Fill in the blank :
If payments of an annuity fall due at the end of every period, the series is called annuity __________.
State whether the following is True or False :
The future value of an annuity is the accumulated values of all installments.
Solve the following :
Find the least number of years for which an annuity of ₹3,000 per annum must run in order that its amount exceeds ₹60,000 at 10% compounded annually. [(1.1)11 = 2.8531, (1.1)12 = 3.1384]
Solve the following :
Find the present value of an annuity immediate of ₹20,000 per annum for 3 years at 10% p.a. compounded annually. [(1.1)–3 = 0.7513]
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:
Rental payment for an apartment is an example of ______
Multiple choice questions:
In an ordinary annuity, payments or receipts occur at ______
Multiple choice questions:
In annuity calculations, the interest is usually taken as ______
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 ______
Multiple choice questions:
The present value of an immediate annuity of ₹ 10,000 paid each quarter for four quarters at 16% p.a. compounded quarterly is ______
State whether the following statement is True or False:
A sinking fund is a fund established by financial organization
State whether the following statement is True or False:
The future value of an annuity is the accumulated values of all instalments
State whether the following statement is True or False:
An annuity where payments continue forever is called perpetuity
An annuity in which each payment is made at the end of period is called ______
If payments of an annuity fall due at the beginning of every period, the series is called annuity ______
A 35-year old person takes a policy for ₹ 1,00,000 for a period of 20 years. The rate of premium is ₹ 76 and the average rate of bonus is ₹ 7 per thousand p.a. If he dies after paying 10 annual premiums, what amount will his nominee receive?
For annuity due,
C = ₹ 20,000, n = 3, I = 0.1, (1.1)–3 = 0.7513
Therefore, P = `square/0.1 xx [1 - (1 + 0.1)^square]`
= 2,00,000 [1 – 0.7513]
= ₹ `square`
