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महाराष्ट्र राज्य शिक्षण मंडळएचएससी वाणिज्य (इंग्रजी माध्यम) इयत्ता १२ वी

Choose the correct alternative : Amount of money today which is equal to series of payments in future is called - Mathematics and Statistics

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प्रश्न

Choose the correct alternative :

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

पर्याय

  • Normal value of annuity

  • Sinking value of annuity

  • Present value of annuity

  • Future value of annuity

MCQ

उत्तर

Amount of money today which is equal to series of payments in future is called Present value of annuity.

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Annuity
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 2: Insurance and Annuity - Miscellaneous Exercise 2 [पृष्ठ २९]

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बालभारती Mathematics and Statistics 2 (Commerce) [English] 12 Standard HSC Maharashtra State Board
पाठ 2 Insurance and Annuity
Miscellaneous Exercise 2 | Q 1.07 | पृष्ठ २९

संबंधित प्रश्‍न

Find accumulated value after 1 year of an annuity immediate in which ₹ 10,000 is invested every quarter at 16% p.a. compounded quarterly. [Given (1.04)4 = 1.1699]


A lady plans to save for her daughter’s marriage. She wishes to accumulate a sum of ₹4,64,100 at the end of 4 years. What amount should she invest every year if she gets an interest of 10% p.a. compounded annually? [Given (1.1)4 = 1.4641]


Find the number of years for which an annuity of ₹500 is paid at the end of every year, if the accumulated amount works out to be ₹1,655 when interest is compounded annually at 10% p.a.


A person plans to put ₹400 at the beginning of each year for 2 years in a deposit that gives interest at 2% p.a. compounded annually. Find the amount that will be accumulated at the end of 2 years.


______ is a series of constant cash flows over a limited period of time.


State whether the following is True or False :

Annuity certain begins on a fixed date and ends when an event happens.


State whether the following is True or False :

Annuity contingent begins and ends on certain fixed dates.


Solve the following :

Find the amount a company should set aside at the end of every year if it wants to buy a machine expected to cost ₹1,00,000 at the end of 4 years and interest rate is 5% p. a. compounded annually. [(1.05)4 = 1.21550625]


Solve the following :

Find the present value of an annuity immediate of ₹20,000 per annum for 3 years at 10% p.a. compounded annually. [(1.1)–3 = 0.7513]


Solve the following :

Find the future value after 2 years if an amount of ₹12,000 is invested at the end of every half year at 12% p. a. compounded half yearly. [(1.06)4 = 1.2625]


Solve the following :

Some machinery is expected to cost 25% more over its present cost of ₹6,96,000 after 20 years. The scrap value of the machinery will realize ₹1,50,000. What amount should be set aside at the end of every year at 5% p.a. compound interest for 20 years to replace the machinery? [Given (1.05)20= 2.653]


Multiple choice questions:

In an ordinary annuity, payments or receipts occur at ______


Multiple choice questions:

If for an immediate annuity r = 10% p.a., P = ₹ 12,679.46 and A = ₹ 18,564, then the amount of each annuity paid is ______


In ordinary annuity, payments or receipts occur at ______


The intervening time between payment of two successive installments is called as ______


A 35-year old person takes a policy for ₹ 1,00,000 for a period of 20 years. The rate of premium is ₹ 76 and the average rate of bonus is ₹ 7 per thousand p.a. If he dies after paying 10 annual premiums, what amount will his nominee receive?


For an annuity due, C = ₹ 2000, rate = 16% p.a. compounded quarterly for 1 year

∴ Rate of interest per quarter = `square/4` = 4

⇒ r = 4%

⇒ i = `square/100 = 4/100` = 0.04

n = Number of quarters

= 4 × 1

= `square`

⇒ P' = `(C(1 + i))/i [1 - (1 + i)^-n]`

⇒ P' = `(square(1 + square))/0.04 [1 - (square + 0.04)^-square]`

= `(2000(square))/square [1 - (square)^-4]`

= 50,000`(square)`[1 – 0.8548]

= ₹ 7,550.40


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