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

In an ordinary annuity, payments or receipts occur at ______. - Mathematics and Statistics

Advertisements
Advertisements

प्रश्न

In an ordinary annuity, payments or receipts occur at ______. 

पर्याय

  • Beginning of each period

  • End of each period

  • Mid of each period

  • Quarterly basis

MCQ
रिकाम्या जागा भरा
Advertisements

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. 

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

APPEARS IN

बालभारती Mathematics and Statistics 2 (Commerce) [English] Standard 12 Maharashtra State Board
पाठ 2 Insurance and Annuity
Miscellaneous Exercise 2 | Q 1.06 | 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 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 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]


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.


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]


Fill in the blank :

The person who receives annuity is called __________.


Fill in the blank :

The payment of each single 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 :

Payment of every annuity is called an installment.


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 :

The present value of an annuity is the sum of the present value of all installments.


State whether the following is True or False :

The future value of an annuity is the accumulated values of all installments.


State whether the following is True or False :

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


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 :

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:

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:

The relation between accumulated value ‘A’ and present value ‘P’ is A = P(1+ i)n 


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 ______


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]


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`


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×