MATCHING
Identify the letter of the choice that best matches the phrase or definition.
-An interest rate that compares the value of current dollars to future dollars from a series of cash flows
A)PPMT function
B)rate of return
C)IPMT function
D)IRR
E)PV function
F)RATE function
G)PMT function
H)XIRR function
I)FV function
J)NPER function

Question

Quizplus · Accepted Answer

The phrase describes the concept of rate of return, which takes into account the time value of money by comparing the present value of an investment to its future value.

MATCHING Identify the Letter of the Choice That Best Matches the the Phrase