Email: bbcnoun@gmail.com
Whatsapp/Telegram: 08131667008

MTH106


Question: Numbers such as; 1,2, 3, 5. 7, 11, 13,17,19, â€|.are examples of
Answer:  prime numbers

Question: Interest that is computed on the principal alone is called	interest
Answer:  simple

Question:	usually arise from
one of three activities; financing, operations or investing
Answer:  Cash flows

Question: In a deferred annuity, you typically receive payments starting at some future date, usually at	
Answer:  retirement

Question: The movement of money into or out of a business, project, or financial product is known as	
Answer:  Cash flow

Question:	annuities are
invested primarily in government securities and high-grade corporate bonds
Answer:  Fixed

Question: Annuities can be structured to
provide fixed	payments to the
annuitant or variable payment
Answer:  periodic

Question: If the payments are made at the end of the time periods, so that interest is accumulated before the payment, the annuity is called an annuity-immediate or 	annuity
Answer:  ordinary

Question:	annuities enable
you to invest in a selection of portfolios, called sub-accounts
Answer:  Variable

Question: When payments are required at the end of each period, it is called 	Annuity
Answer:  Ordinary

Question: Annuities are primarily used as a means of securing a steady cash flow for an individual during their 	years
Answer:  retirement




Email: bbcnoun@gmail.com
Whatsapp/Telegram: 08131667008