A uniform series of payment occurring at equal interval of time is called ____________________?

Related Mcqs:

1. A factory operator bought a diesel generator set for P 10,000.00 and agreed to pay the dealer uniform sum at the end of each year for 5 years at 8% interest compounded annually, that the final payment will cancel the debt for principal and interest. What is the annual payment ?

   A. P 2,500.57
   B. P 2,544.45
   C. P 2,540.56
   D. P 2,504.57

2. A investor wishes to earn 7% on his capital after payment of taxes. If the income from an available investment will be taxed at an average rate of 42%, what minimum rate of return, before payment of taxes, must the investment offer to be justified ?

   A. 12.07 %
   B. 12.34 %
   C. 12.67 %
   D. 12.87 %

3. 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

4. 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

5. A type of bond to which are attached coupons indicating the interest due and the date when such interest is to be paid is called ____________________?

   A. Registered bond
   B. Coupon bond
   C. Mortgage bond
   D. Collateral trust bond

6. The price at which the callable bond will be redeemed from the bondholder is called ____________________?

   A. Par value
   B. Call value
   C. Face value
   D. Redemption value

7. The functional depreciation is sometimes called ____________________?

   A. Demand depreciation
   B. Adolescence
   C. Life depreciation
   D. Failure depreciation

8. The first cost to be incurred if the piece of equipment now in place had been bought for a second hand dealer or some other business is called ____________________?

   A. Material cost
   B. Fixed cost
   C. First cost
   D. In-place value

9. 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

10. An association of two or more persons for the purpose of engaging into a business for profit is called ____________________?

    A. Entrepreneurship
    B. Partnership
    C. Proprietorship
    D. Corporation