Business Mathematics MCQs – Practice Test for Exam Prep

Annuities and Future Values Multiple Choice Questions with Answers – PDF Download

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Annuities and Future Values MCQs PDF Download – Prep Test

MCQ 1: The assumption in calculating annuity is that every payment is:

equal
different
nominal
marginal

MCQ 2: The accumulated series of deposits as future sum of money is classified as:

marginal fund
nominal fund
sinking fund
annuity fund

MCQ 3: The series of payments made periodically is classified as:

annuity
effective payment
marginal payment
nominal payment

MCQ 4: The regular deposits to savings account and periodic payments for retirement funds are considered as:

marginal payment
nominal payment
annuity
effective payment

MCQ 5: The reciprocal of series compound amount factor is classified as:

series fund factor
sinking fund factor
annuity fund factor
nominal fund factor

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