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प्रश्न
State whether the following is True or False :
The future value of an annuity is the accumulated values of all installments.
पर्याय
True
False
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उत्तर
The future value of an annuity is the accumulated values of all installments False.
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संबंधित प्रश्न
Find the amount accumulated after 2 years if a sum of ₹ 24,000 is invested every six months at 12% p.a. compounded half yearly. [Given (1.06)4 = 1.2625]
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 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 present value of an annuity due of ₹ 600 to be paid quarterly at 32% p.a. compounded quarterly. [Given (1.08)−4 = 0.7350]
Choose the correct alternative :
You get payments of ₹8,000 at the beginning of each year for five years at 6%, what is the value of this annuity?
Choose the correct alternative :
Amount of money today which is equal to series of payments in future is called
In an ordinary annuity, payments or receipts occur at ______.
______ 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 :
The intervening time between payment of two successive installments is called as ___________.
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 :
The present value of an annuity is the sum of the present value of all installments.
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 :
A person purchases a television by paying ₹20,000 in cash and promising to pay ₹1,000 at end of every month for the next 2 years. If money is worth 12% p. a. converted monthly, find the cash price of the television. [(1.01)–24 = 0.7875]
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]
Multiple choice questions:
In annuity calculations, the interest is usually taken as ______
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 relation between accumulated value ‘A’ and present value ‘P’ is A = P(1+ i)n
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
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 ______
A company decides to set aside a certain sum at the end of each year to create a sinking fund, which should amount to ₹ 4 lakhs in 4 years at 10% p.a. Find the amount to be set aside each year?
[Given (1.1)4 = 1.4641]
