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1. Annuity means the payment or recipt of equal amount of cash flows at some regular intervals (2 points) True False 2. In annuity Due,

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1. Annuity means the payment or recipt of equal amount of cash flows at some regular intervals (2 points) True False 2. In annuity Due, fixed payments are made at the end of each period (2 points) True False 3. FAYY-BBA-XX wants to invest 5,000 at the start of each year for YY years at XX %. How much will the future value of this investment be? (Note: Use your reg No. for putting the values of X and Y) (3 Points) Enter your answer 4. The Robo Business is a newly formed robotics company. It just acquired an installment loan of Rs. 5,000,000 from a local Bank to be repaid in the form of equal year-end installments within 5 Years. If the Bank charges him an annual interest rate of 15%, The installment amount of this loan will be? (4 Points) 1000000 1491578 2485884

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