Complete the sentence by choosing the words provided for you inside the word poolbox. Simple Annuity Ordinary Annuity (or annuity immediate) Annuity General Annuity Regular or periodic payment Term of an annuity Amount (Future value) of an annuity Present value of an annuity General ordinary annuity Cash flow 1. ________________is a sequence of equal payments made at equal intervals of time usually monthly, quarterly, semi-annually and annually. 2. ________________an annuity where the payment interval is the same as the interest period. 3. ________________an annuity where the payment interval is not the same as the interest period.
Complete the sentence by choosing the words provided for you inside the word poolbox. Simple Annuity Ordinary Annuity (or annuity immediate) Annuity General Annuity Regular or periodic payment Term of an annuity Amount (Future value) of an annuity Present value of an annuity General ordinary annuity Cash flow 1. ________________is a sequence of equal payments made at equal intervals of time usually monthly, quarterly, semi-annually and annually. 2. ________________an annuity where the payment interval is the same as the interest period. 3. ________________an annuity where the payment interval is not the same as the interest period.
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.3: Geometric Sequences
Problem 81E
Related questions
Question
Activity 7
A. Complete the sentence by choosing the words provided for you inside
the word poolbox.
Simple Annuity
Ordinary Annuity (or annuity immediate)
Annuity
General Annuity
Regular or periodic payment
Term of an annuity
Amount (Future value) of an annuity
Present value of an annuity
General ordinary annuity
Cash flow
1. ________________is a sequence of equal payments made at equal intervals of
time usually monthly, quarterly, semi-annually and annually.
2. ________________an annuity where the payment interval is the same as the
interest period.
3. ________________an annuity where the payment interval is not the same as the
interest period.
4. _________________a type of annuity in which the payments are made at the end
of each payment interval
5. ________________time between the first payment interval and last payment
interval
6. _________________the amount of each payment
7. _________________sum of future values of all payments to be made during the
entire term of the annuity.
8. _________________sum of present values of all payment to be made during the
entire term of the annuity
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