Answer to Question #97546 in Financial Math for Jflows

Question #97546

7.Straight bonds usually pay coupon payments at the end of every six months until the bonds maturity date is an example of…
a.ordinary simple interest
b.Ordinary compound interest
c.ordinary annuity
d.actual simple interest

8.Mortgage payments are
a.ordinary annuity
b.perpetuity
c.annuity due
d.annuity-immediate

Expert's answer

7.Straight bonds usually pay coupon payments at the end of every six months until the bonds maturity date is an example of…

c.ordinary annuity

8.Mortgage payments are

c.annuity due