4. A type of annuity in which the payments are made at the end of each payment interval. A. Annuity due B. Simple Annuity 5. Compounding quarterly means that the interest period is A. every year B. every 4 months 6. In a monthly payment of P 2,000 for 5 years that will start 7 months from now, what will be the period of deferral? A. 7 C. General Annuity D. Ordinary Annuity C. every 6 months D. every 3 months B. 5 C. 4 D. 6

Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications
Section: Chapter Questions
Problem 20E
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4. A type of annuity in which the payments are made at the end of each payment
interval.
A. Annuity due
B. Simple Annuity
5. Compounding quarterly means that the interest period is
A. every year
B. every 4 months
6. In a monthly payment of P 2,000 for 5 years that will start 7 months from now,
what will be the period of deferral?
A. 7
7. A loan is given an annual payment of P 8,000 for 12 years that will start 5 years
from now. What is the period of deferral?
A. 4
C. General Annuity
D. Ordinary Annuity
C. every 6 months
D. every 3 months
В. 5
С. 4
D. 6
В. 7
C. 12
D. 60
Transcribed Image Text:4. A type of annuity in which the payments are made at the end of each payment interval. A. Annuity due B. Simple Annuity 5. Compounding quarterly means that the interest period is A. every year B. every 4 months 6. In a monthly payment of P 2,000 for 5 years that will start 7 months from now, what will be the period of deferral? A. 7 7. A loan is given an annual payment of P 8,000 for 12 years that will start 5 years from now. What is the period of deferral? A. 4 C. General Annuity D. Ordinary Annuity C. every 6 months D. every 3 months В. 5 С. 4 D. 6 В. 7 C. 12 D. 60
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