What is the term for an annuity with a fixed time span ?

Related Mcqs:

What refers to the ratio of the interest payment to the principal for a given unit of time and usually expressed as a percentage of the principal ?

A. Return of investment B. Interest rate C. Yield D. Rate of return...

What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want ?

A. Services B. Goods C. Commodities D. Goods or commodities...

Which of these gives the lowest effective rate of interest ?

A. 12.35 % compounded annually B. 11.90 % compounded annually C. 12.20 % compounded annually D. 11.60 % compounded annually...

What type of bond which can be redeemed before maturity date ?

A. Preferred bond B. Registered bond C. Incorporators bond D. Callable bond...

What refers to the interest rate at which the present work of the cash flow on a project is zero of the interest earned by an investment ?

A. Economic return B. Yield C. Rate of return D. Return of investment...