Solved

Listed Below Are Ten Terms Followed by a List of Phrases

Question 41

Matching

Listed below are ten terms followed by a list of phrases that describe or characterize five of the terms.Match each phrase with the best term placing the letter designating the term in the space provided.

Premises:
The factor that causes money today to be worth more than the same amount in the future.
The rate at which future dollars are equal to current dollars.
Current worth of a series of equal payments received in the future.
Amount today equivalent to a specified future amount.
Interest earned on the initial investment only.
Responses:
Time value of money
Present value of a single amount
Discount rate
Interest
Simple interest
Compound interest
Future value of a single amount
Annuity
Future value of an annuity
Present value of an annuity

Correct Answer:

Time value of money
Present value of a single amount
Discount rate
Interest
Simple interest
Compound interest
Future value of a single amount
Annuity
Future value of an annuity
Present value of an annuity
Related Questions

Q36: The time value of money is a

Q37: Zulu Corporation hires a new chief executive

Q38: George Jones is planning on a cruise

Q39: Quaker State Inc.offers a new employee a

Q40: Miller borrows $300,000 to be paid off

Q42: If you put $500 into a

Q43: The future value of $1,000 invested today

Q44: Anthony would like to have $18,000 to

Q45: Future value is how much an amount

Q46: If you put $200 into a savings

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents