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महाराष्ट्र राज्य शिक्षण मंडळएचएससी वाणिज्य (इंग्रजी माध्यम) इयत्ता १२ वी

Choose the correct alternative : Rental payment for an apartment is an example of - Mathematics and Statistics

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प्रश्न

Choose the correct alternative :

Rental payment for an apartment is an example of

पर्याय

  • Annuity due

  • Perpetuity

  • Ordinary annuity

  • Installment

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उत्तर

Rental payment for an apartment is an example of Perpetuity.

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Annuity
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 2: Insurance and Annuity - Miscellaneous Exercise 2 [पृष्ठ २९]

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बालभारती Mathematics and Statistics 2 (Commerce) [English] Standard 12 Maharashtra State Board
पाठ 2 Insurance and Annuity
Miscellaneous Exercise 2 | Q 1.08 | 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 accumulated value after 1 year of an annuity immediate in which ₹ 10,000 is invested every quarter at 16% p.a. compounded quarterly. [Given (1.04)4 = 1.1699]


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]


Find the present value of an ordinary annuity of ₹63,000 p.a. for 4 years at 14% p.a. compounded annually. [Given (1.14)−4 = 0.5921]


A person wants to create a fund of ₹ 6,96,150 after 4 years at the time of his retirement. He decides to invest a fixed amount at the end of every year in a bank that offers him interest of 10% p.a. compounded annually. What amount should he invest every year? [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.


A person plans to put ₹400 at the beginning of each year for 2 years in a deposit that gives interest at 2% p.a. compounded annually. Find the amount that will be accumulated at the end of 2 years.


An annuity immediate is to be paid for some years at 12% p.a. The present value of the annuity is ₹ 10,000 and the accumulated value is ₹ 20,000. Find the amount of each annuity payment


______ is a series of constant cash flows over a limited period of time.


Choose the correct alternative :

A retirement annuity is particularly attractive to someone who has


Fill in the blank :

The person who receives annuity 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 :

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 :

After how many years would an annuity due of ₹3,000 p.a. accumulated ₹19,324.80 at 20% p. a. compounded yearly? [Given (1.2)4 = 2.0736]


Solve the following :

Some machinery is expected to cost 25% more over its present cost of ₹6,96,000 after 20 years. The scrap value of the machinery will realize ₹1,50,000. What amount should be set aside at the end of every year at 5% p.a. compound interest for 20 years to replace the machinery? [Given (1.05)20= 2.653]


Multiple choice questions:

Rental payment for an apartment is an example of ______


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 ______


State whether the following statement is True or False:

Annuity contingent begins and ends on certain fixed dates


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 payments of an annuity fall due at the beginning of every period, the series is called annuity ______


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


The future amount, A = ₹ 10,00,000

Period, n = 20, r = 5%, (1.025)20 = 1.675

A = `"C"/"I" [(1 + "i")^"n" - 1]`

I = `5/200` = `square` as interest is calculated semi-annually

A = 10,00,000 = `"C"/"I" [(1 + "i")^"n" - 1]`

10,00,000 = `"C"/0.025 [(1 + 0.025)^square - 1]`

= `"C"/0.025 [1.675 - 1]`

10,00,000 = `("C" xx 0.675)/0.025`

C = ₹ `square`


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