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

nominal value of annuity

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sinking value of annuity

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present value of annuity

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future value of annuity

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Solution

The correct option is A nominal value of annuity
By definition,
Nominal value of annuity is the amount of money today which is equal to series of payments in future.

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Similar questions

Q. An 8-year annuity due has a present value of

1,000

. I f t h e i n t e r e s t r a t e i s

5$ percent, the amount of each annuity payment is closest to which of the following?

A $5 -$ year ordinary annuity has a present value of $$ 1, 000$ . If the interest rate is $8$ percent, the amount of each annuity payment is closest to which of the following?

250.44$
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Q. The value of paper money today is dependent on the value.

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

The correct option is A nominal value of annuityBy definition,Nominal value of annuity is the amount of money today which is equal to series of payments in future.

The correct option is A nominal value of annuity
By definition,
Nominal value of annuity is the amount of money today which is equal to series of payments in future.