A timeline identifies the timing and amount of a stream of cash flows,along with the interest rate it earns.

Question

Quizplus · Accepted Answer

This is an accurate definition of a timeline, which is a visual representation of cash flows over time, usually shown as a horizontal line with tick marks indicating the timing of each cash flow. The interest rate associated with the cash flows is also typically included on the timeline, usually as a percentage per year.

A Timeline Identifies the Timing and Amount of a Stream