# Annuities and Present Value MCQs Test Online PDF Download

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## MCQ on Annuities and Present ValueQuiz PDF Download

MCQ: Amount of money today which is equal to series of payments in future

- nominal value of annuity
- sinking value of annuity
- present value of annuity
- future value of annuity

C

MCQ: Process of loan repayment by installment payments is classified as

- amortizing a loan
- depreciation a loan
- appreciation of loan
- appreciation of investment

A

MCQ: Formula used for annuity A as R[(1+i)<sup>n</sup> -1]⁄i(1+i)<sup>n</sup> used to calculate

- future value of annuity
- nominal value of annuity
- sinking value of annuity
- present value of annuity

D

MCQ: Portion of formula used to calculate equal payment annuity [(1+i)<sup>n</sup> -1]⁄i(1+i)<sup>n</sup> is classified as

- series future growth factor
- series present worth factor
- series future worth factor
- series present growth factor

B

MCQ: Dollar amount of mortgage loan multiplied monthly payment of mortgage loan per dollar is used to calculate

- semiannually mortgage payment
- daily mortgage payment
- monthly mortgage payment
- annually mortgage payment

C