Computer · Estimating and Costing
Match the terms used in valuation (List 1) with their correct definitions (List 2): List 1 (Terms): P. Annuity due Q. Rateable value R. Obsolescence S. Deferred annuity List 2 (Definitions): 1. Value of a structure becomes less due to being out of date in style, design, etc. 2. Payment of annuity begins at a future date, after a number of years. 3. Net annual letting value of a property obtained by deducting yearly repair charges from gross income. 4. Amount of annuity paid at the beginning of each period of year, payment continued for a definite number of periods.
- 1P - 4, Q - 3, R - 2, S - 1
- 2P - 1, Q - 3, R - 2, S - 4
- 3P - 2, Q - 3, R - 1, S - 4
- 4P - 4, Q - 3, R - 1, S - 2✓
Correct answer
P - 4, Q - 3, R - 1, S - 2
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