What are the Classifications of Annuity.

Q: What is Simple Annuity? (payment interval, and interest period, time of payment, duration)

A: Given Simple annuity Payment interval Interest period Time of payment  Duration…

Q: How to Use Compound Interest Factors for Annuities

A: Compound interest factor for annuities is used to compute the present and future value of annuities,…

Q: Define Interest receivable.

A: Introduction: Interest Receivable is an amount which has been earned by the person but the same has…

Q: what is the difference between annuity and annuity due?

A: An annuity is a series of cash flows wherein an equal amount is paid every period which can be…

Q: What does the formula developed for calculating compound interest express?

A: Answer: Compound interest is nothing but interest earned on interest. In case of simple interest…

Q: uture of General Or

A: Given information : Loan amount 40000 Time period (moths) 18 Interest rate 10% Since the…

Q: Define ordinary annuity.

A: An ordinary annuity refers to the payment of equal amount made after the completion of the time…

Q: Explain the Compound or Future Value of an Annuity

A: The question is based on the concept of calculation of future value of periodic annuity payment.

Q: Explain how the present value of an ordinary annuityinterest table is converted to the present value…

A:

Q: preparing a balance sheet, interest receivable goes under what heading?

A: Balance sheet:It is one of financial statement which shows the assets, liabilities and shareholders’…

Q: What is an annuity? How does it differ from a lump sum payment?

A: Annuity:An annuity refers to a series of payments made at regular time intervals. These are…

Q: what is an annuity? Provide an example

A: Annuity is an important concept in finance especially in the context of time value of money. Annuity…

Q: What is General Annuity? (payment interval and interest period, time of payment, duration)

A: An annuity is a contract between you and an insurance company in which you make a lump-sum payment…

Q: Define annuity due

A: Annuity due is an arrangement of payments that are equal as well these payments are paid or received…

Q: What is the difference between life insurance and annuity?

A: Meaning:Life insurance is a cover on financial loss, and it is a contract between insurer and a…

Q: Name and describe the benfits/features of annuity due, ordinary annuity, and perpetuity.

A: A series of equal payments that take place annually is referred as annuity. Perpetuity is referred…

Q: What’s the difference between an ordinary annuity and an annuity due?

A: Annuity is the fixed sum paid on annual basis. In other words, annuity is the series of payment…

Q: Differentiate between a stated rate of interest and effective rate of interest.

A: Answer: Stated interest rate: This is the interest rate quoted or the average rate offered by the…

Q: Difference between annuity and lump sum payment.

A: Time value of money: Time value of money refers to the concept that the value of money available at…

Q: What is meant by annuity? What are the types of annuity? How does it differ from perpetuity?

A: Annuity is a series of regular payments that are made periodically at the end of the year or…

Q: What are the primary characteristics of an annuity? ­Differentiate between an “ordinary annuity” and…

A: Annuity represents a series of equal amount of payment / receipt made on particular interval for a…

Q: What is an annuity? How is it defined? What is the difference between an ordinary annuity and an…

A: Annuity is defined as payments that are made at intervals. Monthly payments of insurance, amount…

Q: What are some instances of an ordinary annuity and annuity due in the real worl

A: This question tells about instances of an ordinary annuity and annuity due in the real world

Q: e. What is an annuity due? How does this differ from an ordinary annuity

A: Annuity refers to a series of equal payments made at the same interval.

Q: Define Accrued Interest Payable.

A:

Q: Question: What type of Annuity is indicated in the problem above?

A: Annuity Due: It represents the annuity where the periodic payments are made at the beginning of…

Q: What is the Rate of Interest?

A: Given  P= 10000 A=5000 n=1year r=?

Q: Differentiate annuity dues and deferred annuities.

A: An annuity can be divided into two types: Annuity due: Unlike a regular annuity, annuity due…

Q: What is the difference between an ordinary annuity and an annuity due?

A: Annuity is the regular series of deposit of money. It is paid in regular intervals by a person to a…

Q: Distinguish between an ordinary annuity and an annuity due

A: There are two types of annuities one is ordinary and another is annuity due.

Q: Derive the formula

A: Future worth or Future value refers to the value of current asset at some future point of time on a…

Q: elationship between an ordinary annuity and an annuity due. Com

A: The future value is computed using the following…

Q: Differentiate Simple and General Annuity; and briefly discuss the subtypes of each.

A: Annuity sequence of payments made at equal (fixed) intervals or periods of time.

Q: 1. What is an annuity and how does it differ from a perpetuity? Discuss the difference between an…

A: Annuity is a system of equal, periodic payments received or to be made for a constant number of…

Q: Define present value of an ordinary annuity.

A: Present value:   The value of today’s amount to be paid or received in the future at a compound…

Q: What is the amount of tmes-Interest earned?

A: Times Interest Earned: Times interest earned is a ratio which states with how many times the…

Q: Explain different types of Annuity and perpetuity concept with appropriate examples.

A: Annuities are defined as the contracts, which are issued as well as distributed or sold through the…

Q: Which of the following is considered an annuity?

A: Annuity refers to equal amount of payment done over a period of time.

Q: Define an annuity due Payment.

A: Time value of money: Time value of money refers to the concept that the value of money available at…

Q: Define Annuity.

A: Definition:   Present value: This is the amount of future value reduced or discounted at a rate of…

Q: What is the Cumulative interest payment?

A: Cumulative interest payment is the sum of all previous interest payments that are made for an…

Q: Define Deferred annuity.

A: