# Fixed and Variable Annuities MCQs & Quiz Online PDF Book Download

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"The payments if it is made at the end of each period such as an end of the year is classified as" Multiple Choice Questions (MCQ) on fixed and variable annuities with choices ordinary annuity, deferred annuity, annuity due, and both a and b for online business administration degree classes. Practice merit scholarships assessment test, online learning fixed and variable annuities quiz questions for competitive in business majors for BA in business administration.

MCQ: The payments if it is made at the end of each period such as an end of the year is classified as

1. ordinary annuity
2. deferred annuity
3. annuity due
4. Both A and B

D

MCQ: The lottery payoffs and payment for rental apartments are the examples of

1. lump sum amount
2. deferred annuity
3. annuity due
4. payment fixed series

C

MCQ: A type of security payment in which payments are made at equal intervals of time and each payment amount is same is classified as

1. fixed interval investment
2. fixed payment investment
3. annuity
4. lump sum amount

C

MCQ: The securities future value is \$1,000,000 and the present value of securities is \$500,000 with an interest rate of 4.5%, the 'N' will be

1. 16.7473 years
2. 0.0304 months
3. 15.7473 years
4. 0.7575 years

C

MCQ: If the payment of security is paid as \$100 at the end of year for three years, it is an example of

1. fixed payment investment
2. lump sum amount
3. fixed interval investment
4. annuity

D