Question

pf.9 loans - homework
score: 0/54 answered: 0/18
question 1
finance - matching
match each topic with the correct description.

• payout annuity a. many withdrawals
• lump sum saving b. one deposit
• loans c. many deposits
• annuity d. many payments

Explanation:

Step 1: Analyze Payout Annuity

A payout annuity involves receiving (withdrawing) money over time, so it corresponds to "MANY withdrawals" (option a).

Step 2: Analyze Lump Sum Saving

Lump Sum Saving means putting in one large deposit, so it matches "ONE deposit" (option b).

Step 3: Analyze Loans

Loans typically require making many payments (installments) to repay, so it matches "MANY payments" (option d).

Step 4: Analyze Annuity

An annuity usually involves making many deposits over time to accumulate funds, so it matches "MANY deposits" (option c).

Answer:

• Payout Annuity: a. MANY withdrawals
• Lump Sum Saving: b. ONE deposit
• Loans: d. MANY payments
• Annuity: c. MANY deposits