What is the term for an annuity with a fixed time span ?
A. Ordinary annuity
B. Perpetuity
C. Annuity certain
D. Annuity due
Related Questions on Engineering Economy Mcqs
A. Bond
B. T-bills
C. Stock
D. Promissory note
Which is NOT an essential element of an ordinary annuity ?
A. The amounts of all payments are equal.
B. The payments are made at equal interval of time.
C. The first payment is made at the beginning of the first period.
D. Compound interest is paid on all amounts in the annuity.
A. Ordinary annuity
B. Perpetuity
C. Annuity due
D. Deferred annuity
A. T-bills
B. Securities
C. Bond
D. Bank notes
A. Ordinary annuity
B. Perpetuity
C. Annuity due
D. Deferred annuity