_________________ is annuity crated for accumulating money that can be used for paying off a financial obligation at some future precided date

The time that intervences between the payment of two successive instalments of an annuity is called _____________.

The scholarship may be paid for a fixed number of years or in perpetuity. Such corpus is called ___________

Deferred annuity is also called ___________________

An ordinary annuity is also known as ___________________.

The time between two successive payment dates of an annuity is called its________________.

The amount of an _______________annuity is the value of the annuity at the end of the term.

An endowment fund to give scholarships to a student standing first year in the I.S.C .E examination
every year is an example of _____________.

The present value of a given annuity is the sum of the present values of its different _______________

If the payments are made at the beginning of the periods, it is called _________________.