Please select a subject first
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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]
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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?
Concept: undefined >> undefined
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Amount of money today which is equal to series of payments in future is called
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In an ordinary annuity, payments or receipts occur at ______.
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Rental payment for an apartment is an example of
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______ is a series of constant cash flows over a limited period of time.
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A retirement annuity is particularly attractive to someone who has
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Fill in the blank :
The person who receives annuity is called __________.
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Fill in the blank :
The payment of each single annuity is called __________.
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The intervening time between payment of two successive installments is called as ___________.
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Fill in the blank :
An annuity where payments continue forever is called __________.
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If payments of an annuity fall due at the beginning of every period, the series is called annuity __________.
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If payments of an annuity fall due at the end of every period, the series is called annuity __________.
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State whether the following is True or False :
Payment of every annuity is called an installment.
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State whether the following is True or False:
Annuity certain begins on a fixed date and ends when an event happens.
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State whether the following is True or False :
Annuity contingent begins and ends on certain fixed dates.
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State whether the following is True or False :
The present value of an annuity is the sum of the present value of all installments.
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State whether the following is True or False :
The future value of an annuity is the accumulated values of all installments.
Concept: undefined >> undefined
State whether the following is True or False :
Sinking fund is set aside at the beginning of a business.
Concept: undefined >> undefined
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.
Concept: undefined >> undefined
