Matching
Match the statements below with the appropriate item
Premises:
The value today of a future amount to be received or paid.
The value at a future date of a given amount invested.
Return on principal plus interest for two or more periods.
Value today of a series of future amounts to be received or paid.
The sum of all the payments or receipts plus the accumulated compound interest on them.
Responses:
Compound interest
Future value of a single amount
Future value of an annuity
Present value of a single amount
Present value of an annuity
Correct Answer:
Premises:
Responses:
The value today of a future amount to be received or paid.
The value at a future date of a given amount invested.
Return on principal plus interest for two or more periods.
Value today of a series of future amounts to be received or paid.
The sum of all the payments or receipts plus the accumulated compound interest on them.
Premises:
The value today of a future amount to be received or paid.
The value at a future date of a given amount invested.
Return on principal plus interest for two or more periods.
Value today of a series of future amounts to be received or paid.
The sum of all the payments or receipts plus the accumulated compound interest on them.
Responses:
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