Maharashtra State BoardHSC Commerce 12th Board Exam
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Choose the correct alternative : Rental payment for an apartment is an example of - Mathematics and Statistics

MCQ

Choose the correct alternative :

Rental payment for an apartment is an example of

Options

  • Annuity due

  • Perpetuity

  • Ordinary annuity

  • Installment

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Solution

Rental payment for an apartment is an example of Perpetuity.

Concept: Annuity
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APPEARS IN

Balbharati Mathematics and Statistics 2 (Commerce) 12th Standard HSC Maharashtra State Board
Chapter 2 Insurance and Annuity
Miscellaneous Exercise 2 | Q 1.08 | Page 29
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