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Engineering Economy

What is the type of annuity where the payments are made at the end of each period starting from the first period ?

August 15, 2021January 21, 2019 by QuizMaster
What is the type of annuity where the payments are made at the end of each period starting from the first period ?

A. Ordinary annuity
B. Perpetuity
C. Annuity due
D. Deferred annuity

Categories Engineering Economy

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

August 15, 2021January 21, 2019 by QuizMaster
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

Categories Engineering Economy

What is the type of annuity where the payments are made at the beginning of the each period starting from the first period ?

August 15, 2021January 21, 2019 by QuizMaster
What is the type of annuity where the payments are made at the beginning of the each period starting from the first period ?

A. Ordinary annuity
B. Perpetuity
C. Annuity due
D. Deferred annuity

Categories Engineering Economy

What is the type of annuity where the first payment does not begin until some later date in the cash flow ?

August 15, 2021January 21, 2019 by QuizMaster
What is the type of annuity where the first payment does not begin until some later date in the cash flow ?

A. Ordinary annuity
B. Perpetuity
C. Annuity due
D. Deferred annuity

Categories Engineering Economy

What is defined as a financial security note issued by business or corporation and by the government as a means of borrowing long-term fund ?

August 15, 2021January 21, 2019 by QuizMaster
What is defined as a financial security note issued by business or corporation and by the government as a means of borrowing long-term fund ?

A. T-bills
B. Securities
C. Bond
D. Bank notes

Categories Engineering Economy

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

August 15, 2021January 21, 2019 by QuizMaster
What is the type of annuity that does not have a fixed time span but continues indefinitely or forever ?

A. Ordinary annuity
B. Perpetuity
C. Annuity due
D. Deferred annuity

Categories Engineering Economy

Which is NOT an essential element of an ordinary annuity ?

August 15, 2021January 21, 2019 by QuizMaster
Which is NOT an essential element of an ordinary annuity ?

A. The amounts of all payments are equal.
B. The payments are made at equal interval of time.
C. The first payment is made at the beginning of the first period.
D. Compound interest is paid on all amounts in the annuity.

Categories Engineering Economy

What is defined as the certificate of indebtedness of corporation usually for a period not less than 10 years and guaranteed by a mortgage on certain assets of a corporation ?

August 15, 2021January 21, 2019 by QuizMaster
What is defined as the certificate of indebtedness of corporation usually for a period not less than 10 years and guaranteed by a mortgage on certain assets of a corporation ?

A. Bond
B. T-bills
C. Stock
D. Promissory note

Categories Engineering Economy
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