MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Business Studies

Fixed Assets and Current Assets

An annuity le...

Question

An annuity left unpaid for a certain number of years is called ________ for that number of years.

A

Deferred Annuity

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

Uniform Annuity

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

Forborne Annuity

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

D

Immediate Annuity

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C Forborne Annuity
An annuity left unpaid for a certain number of years is called forborne annuity for that number of years.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Annuity payable for a fixed number of intervals is called.

Q. An annuity which continues forever(infinite number of years) is called.

Q. The interest is supposed compound unless the contrary is state.
If

a, b, c

years' purchase must be paid for an annuity to continue

n, 2 n, 3 n

years respectively; show that

a^{2} - a b + b^{2} = a c

Q. The interest is supposed compound unless the contrary is state.If

25

years' purchase must be paid for an annuity to continue

n

30

years' purchase for an annuity to continue

2 n

years, find the rate per cent.

Q. Find the least number of years for which an annuity Rs 1000 must run in order that its amount just exceeds Rs 16000 at 5% pa. compounded annually.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Fixed Capital and Working Capital

BUSINESS STUDIES

Watch in App

explore_more_icon

Explore more

Fixed Assets and Current Assets

Standard XII Business Studies

Join BYJU'S Learning Program

CrossIcon