Annuity, where the payments start after specified no. of periods, is known as

Which of the following is an example of annuity contingent ?

Security payment type in which payments are made at equal intervals of time and every payment amount is same is classified as _______________.

If payment of security is paid as $ $100$ at end of year for three years, it is an example of

What is true about Annuity Due ?

Which of the following is true about Annuity Contingent ?

Which of the following is not an example of annuity contingent ?

The Future amount of annuity, $(M)$, can be found by

An annuity left unpaid for a certain number of years is called ________ for that number of years.

If the periodic payments are made at the end of each period, the annuity is called:

If the period payments start only after a certain specified period it is called.

An annuity whose payments continue till the happening of an event, the date of which cannot be foretold is called.

Find the amount of an annuity of Rs. 400 per quarter payable for 6 years at 8% p.a.
[Given : $(1.02)^{24} = 1.608$]-

Find the least number of years for which an annuity of Rs. 1,000 must run in order that its amount exceed Rs. 16,000 at 5% p.a. compounded monthly.
[Given : Log 18 = 1.2553, log 105 = 2.8212]

If the periodic payments are all equal, the annuity is called level of.

Annuity payable for a fixed number of intervals is called.

An annuity which continues forever(infinite number of years) is called.

Present value of annuity, $(V)$, can be found by

Annuity where payments are made at the end of each payment period, i.e. 1st payment is made at the end of the 1st payment interval, and so on, is known as 

A house is sold for $ Rs \ 30,000$ cash or $ Rs\ 17, 500$ cash down payment and instalments of $ Rs \ 1, 600$ per month for eight months. Determine the approximate rate of interest for instalment.

Find the present value of an ordinary annuity of $8$ quarterly payments of Rs. $500$ each, the rate of interest being $8\%$ p.a. compounded quarterly.

A man borrowed some money and returned it in $3$ equal quarterly installments of Rs. $4630.50$ each. What sum did he borrow if the rate of interest was $20\%$ p.a. compounded quarterly?

Find the Amount of an ordinary annuity of $8$ quarterly payments of Rs. $500$ each, the rate of interest being $8\%$ p.a. compounded quarterly.

The present value of an amount ____ its future value.

A man borrows Rs $37500$ and agrees to repay in semi-annual installments of Rs $2250$ each, the first due in $6$ months. How many payments must he make if rate of interest is $6\%$ compounded semi-annually?

Find the Present value of an annuity due of Rs $500$ per quarter for $8$ years and $9$ months at $6\%$ compounded quarterly.

A man borrowed some money and returned it in $3$ equal quarterly installments of Rs $4630.50$ each. Find the interest charged (in Rs) on the sum he borrowed, if the rate of interest was $20\%$ p.a. compounded quarterly?

Find the amount of an annuity due of Rs $500$ per quarter for $8$ years and $9$ months at $6\%$ compounded quarterly.

Three equal instalments each of $Rs 200$ were paid at the end of the year for the sum borrowed at $20 \%$ interest compounded annually. Find the sum. 

Process of loan repayment by installment payments is classified as

Find the present value (in Rs) of a sequence of annual payments of Rs $10000$ each, the first being made at the end of $5^{th}$ year and the last being made at the end of $12^{th}$ year, if money is worth $6\%$.

A sum of Rs $2500$ is invested at a rate of $5 \%$ per annum for a term of $5$ years. Find the simple interest received at the end of the term.

A man borrows $Rs \ 1820$ and undertakes to payback with a compound interest of $20 \%$ per annum in a $3$  equal yearly installments at the end of first year, second year and third year. Find the amount of each installments 

Mr. Gupta has been accumulating a fund at $8\%$ effective, which will provide him with an annual income of Rs $30000$ for $15$ years, the first payment being paid on his $60^{th}$ birthday. If he wishes to reduce the number of payments to $10$, find how much annual income (in Rs) will he receive?

Find the present value and amount of an ordinary annuity of 8 quarterly payments of Rs 500 each, the rate of interest being 8% p.a. compounded quarterly.

Payments if made at end of each period such as end of year is classified as __________________.

Which of the following is  true about annuity?

A man borrowed some money and returned it in 3 equal quarterly installments of Rs 4630.50 each. What sum did he borrow if the rate of interest was 20% p.a. compounded quarterly? 

Three types of annuities are

A man borrowed some money and returned it in 3 equal quarterly installments of Rs 4630.50 each.  Find also the interest charged.

An 8-year annuity due has a present value of $ $1,000$.  If the interest rate is $5$ percent,  the amount of each annuity payment is closest to which of the following? 

Susan purchased a new refrigerator priced at $ $675$. She made a down payment of $15$% of the price. Find the amount of the down payment.

For son's education , a man sets aside Rs $4000$ at the end of every year for $8$ years . If the rate of interest is 15 % per annum C.I. , what is the value of his sinking fund.

A man borrows Rs. $ 30000$ at $12 \%$ per annum compound interest from a bank and promises to pay off the loans in $20$ annual instalments beginning at the end of the first year . What is the annual payment necessary?

A person borrowed some money and returned it in 3 equal quarterly instalments of Rs 4630.50 each. What sum (approximately) did he borrow if the rate of interest was 20 % per annum.compounded quarterly?

A person takes a loan on compound interest and returns it in $2$ equal installments . If the rate of interest is $10$% per annum and the yearly installment is Rs $1682$. Find the interest charged with second installment.

A person takes a loan on compound interest and returns it in $2$ equal installments . If the rate of interest is $10$% per annum and the yearly installment is Rs $1682$. Find the principal (approximately).

A sinking fund is created for the redemption of debentures of Rs 10,000 at the end of 25 years. How much money should be provided out of profits each year for the sinking fund if the investment can earn interest at the rate 4% per annum?

A person takes a loan on compound interest and returns it in $2$ equal installments . If the rate of interest is $10$% per annum and the yearly installment is Rs $1682$. Find the interest charged (approximately) with first installment.

Which of the following is not an example of annuity certain ?

A man borrowed some money and paid back in 3 equal instalments of Rs 2160 each. What sum did he borrow if the rate of interest charged was 20 % p.a .compounded annually?

Mr Dev purchased a car paying Rs $90,000$ and promising to pay Rs 5000 every 3 months for the next 10 years. The interest is $6$% p.a. compounded quarterly. What is the cash value (approximately) of the car ?

Find the amount(approximately) of an annuity immediate of Rs 2000 per annum for 20 years. The rate of interest is $\dfrac{27}{2}$ % per annum.

Mr Assem decides to deposit Rs 5000 at the end of year in a bank which pays compound interest the rate of 5% per annum. What will be his total accumulation (approximately) at the end of 15 years?

Mr Dev purchased a car paying Rs $90,000$ and promised to pay Rs 5000 every 3 months for the next 10 years. The interest is $6$% p.a. compounded quarterly. If Mr Dev misses first 6 payments , how much should he pay at the time of 7th payment (approximately) to bring himself up to date.

A bank pays interest at the rate of 8 % per annum compounded half yearly. Find how much should be deposited in the bank (approximately) at the beginning of each half year in order to accumulate Rs 8000 for 3 years.

Find the future value of an ordinary amount of Rs 4000 each six months for 10 years at 8% per annum , compounded semi-annually.

Find the least number of years for which an annuity Rs 1000 must run in order that its amount just exceeds Rs 16000 at 5% pa. compounded annually.

Find the amount of the annuity of Rs 150 payable in half yearly instalments  for 15 years at 4% per annum interest also payable half yearly

A sum of Rs 2522 is borrowed from a money lender at 5% per annum compounded annually.If this amount is to be paid back in 3 equal instalments , find the annual instalments (approximately).

What is the amount of annuity(approximately) due of Rs 100 yearly payable half yearly for 15 years at 10 % compound interest per annum half yearly.

Which of the following comes under Annuity due?

Suppose you deposit $ \$900$ per month into an account that pays $4.8 \%$ interest, compounded monthly. How much money will you have after $9$ months? 

Identify the correct term for the following definition: It is any asset donated to and for the perpetual benefit of a non-profit institution. The donation is usually made with the requirement that the principal remain intact and money earned from investing the principal be used for a specific purpose.

What is true about deferred annuity ?

What is true about deferred annuity ?

Which of the following is correct regarding endowment?

What amount should be set aside at the end of each year to amount Rs 10 lakhs at the end of 15 years at 6% per annum compound interest?

Find the amount of annuity of Rs. $4000$ p.a. for $10$ years reckoning compound interest at $10\%$ p.a.

Find the amount of annuity of Rs. 4,000 per annum for 10 years reckoning interest at 10% p.a.
[Given : $(1.1)^{10} = 2.594$]

The present value of an annuity of Rs. $3,000$ for $15$ years at $4.5\%$ p.a. CI is?

Rs. $200$ is invested at the end of each month in an account paying interest $6\%$ per year compounded monthly. What is the future value of this annuity after $10$th payment? Given that $(1.005)^{10}=1.0511$.

Belose Infrastructures  just issued 10 million Rs100-par bonds payable carrying 8% coupon rate and maturing in 5 years. The bond indenture requires GI to set up a sinking up to pay off the bond at the maturity date. Semi-annual payments are to be made to the fund which is expected to earn 10% per annum. Find the amount of required periodic contributions.

An annuity is?

Find the future value of an annuity of Rs. $500$ made annually for $7$ years at interest rate of $14\%$ compounded annually. Given that $(1.14)^7=2.5023$.

A limited company intends to create a depreciation fund to replace at the end of the 25th year assets costing Rs 100000.Calculate the amount (approximately) to be retained out of profits every year if the interest rate is 3%.

Veena is allotted an LIG flat for which she has to make an immediate payment of $ $ 100,000$ and $10$ semi-annual payments of $ $50,000$ each, the first being made at the end of $3$ years. If money is worth $10\%$ per annum compounded half-yearly, find the cash price (in $) of the flat.

An investor deposits Rs 1000 in a saving institution. Each payment is made at the end of year.If the payment deposited earns 12% interest compounded annually how much amount(approximately) will he receive at the end of 10 years.

A machine costing Rs $2$ lacs has effective life of $7$ years and its scrap value is Rs $30000$. What amount (in Rs) should the company put into a sinking fund earning $5\%$ per annum so that it can replace the machine after its useful life? Assume that a new machine will cost Rs $3$ lacs after $7$ years.

A man decides to deposit Rs 3000 at the end of each year in a bank which pays 3% p.a compound interest . If the instalments are allowed to accumulate , what will be the total accumulation at the end of 15 years.

Find the present value of a sequence of annual payments of Rs 25000 each , the first being made at the  end of 5th year and the last being paid at the end of 12th year, if money is worth 6%.

A company borrows Rs 10000 on condition to repay it with compound interest at $5$% p.a . by annual instalments at Rs 1000 each. In how many years will the debt be paid off?

Mr Dev purchased a car paying Rs $90,000$ and promising to pay Rs 5000 every 3 months for the next 10 years. The interest is $6$% p.a. compounded quarterly. If at the end of 5th year , he wants to finish his liability by a single payment , how much should he pay?

Amit buys a house for Rs 500000. The contract is that amit will pay Rs 200000 immediately and the balance in 15 equal instalments with 15 % p.a compound interest . How much has he to pay annually (approximately)?

Z invests Rs. $10,000$ every year starting for today for next $10$ years. Suppose interest rate is $8\%$ per annum compounded annually. Calculate future value of the annuity. Given that $(1+0.08)^{10}=2.15892500$.

A machine costs Rs. $98,000$ and its effective life is estimated at $12$ years. If the scrap value is Rs. $3, 000$, what should be cut out of the profit at the end of each year to accumulate at compound rate of $5\%$ per annum so that a new machine can be purchased after $12$ years ?