What is the type of annuity that does not have a fixed time span but continues indefinitely or forever ?

Related Mcqs:

What refers to the present worth of all the amount the bondholder will receive through his possession of the bond ?

A. Par value of bond B. Face value of bond C. Redeemed value of bond D. Value of bond...

What is defined as an entity which makes product, good or services available to buyer or consumer in exchange of monetary consideration ?

A. Seller B. Manufacturer C. Producer D. Buyer or consumer...

A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. The interest has accrued is left for another eight years. If the effective annual interest rate is 5%, what will be the withdrawal amount at the end of the 16th year ?

A. P693.12 B. P700.12 C. P702.15 D. P705.42...

What type of bond whose guaranty is in lien on railroad equipment, such as freight and passenger cars, locomotives, etc ?

A. Railroad bond B. Equipment obligation bond C. Equipment bond D. Equipment trust bond...

The process of determining the value or worth of a physical property for specific reason is called ____________________?

A. Investment B. Valuation C. Economy D. Depletion...