Advertisements
Advertisements
प्रश्न
Fill in the blank :
An annuity where payments continue forever is called __________.
Advertisements
उत्तर
An annuity where payments continue forever is called perpetuity.
APPEARS IN
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]
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 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]
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
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 :
Amount of money today which is equal to series of payments in future is called
______ is a series of constant cash flows over a limited period of time.
Fill in the blank :
The person who receives annuity is called __________.
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 :
Payment of every annuity is called an installment.
State whether the following is True or False :
Annuity contingent begins and ends on certain fixed dates.
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 :
Find the rate of interest compounded annually if an ordinary annuity of ₹20,000 per year amounts to ₹41,000 in 2 years.
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:
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:
The future value of an annuity is the accumulated values of all instalments
State whether the following statement is True or False:
Annuity contingent begins and ends on certain fixed dates
State whether the following statement is True or False:
An annuity where payments continue forever is called perpetuity
In ordinary annuity, payments or receipts occur at ______
The intervening time between payment of two successive installments is called as ______
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. [Given (1.03)20 = 1.8061]
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`
