Depreciation : In case of depreciation, the principal value is diminished every year

by a certain constant amount, and in the subsequent period the diminished value becomes the principal value.

Annuities Annuity: An annuity is a series of payments, ordinarily of a fixed amount payable

regularly at equal intervals. The intervals may be a year, a half-year, a month and so on. Annuities are mainly of two classes- Annuity Certain and Annuity Contingent.

Annuity Certain : In Annuity Certain payments are to be made unconditionally, for

a certain or fixed number of years. It has a beginning and ending date. Annuity Certain may be divided into Annuity Due and Annuity Immediate.

Annuity Due : Annuity Due is one where the first payment falls due at the beginning
of the first interval and so all payments are made at the beginning of successive intervals.

Annuity Immediate : Annuity Immediate is one where the first payment falls due at
the end of the interval.

Annuity Contingent : In Annuity Contingent the payments are to be made till the
happening of some contingent event such as the death of a person, the marriage of a girl, the education of a child reaching a specified age. Life Annuity is an example of Annuity Contingent.

Location Chart
Subject
Natural Nos (N) Integers (I) Prime Nos (P) Rational Nos (Q) Irrational Nos (Ri) Real Nos ( R ) Imaginary Nos (i) Complex Nos (a+ib) Index Fractional Index Surd Definition of Logarithm Restriction on the base Common & Natural log Annuity (all types) Equation Quadratic Equation Simultaneous Equations How to determine the roots of a quadr. eq. Degree of an equation Differentiation Derivative & value of a derivative Rules of differentiation Maxima & Minima Steps to find max. & min. values of a function

Location and/or Page

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