Multiple Choice
Compound interest method refers to:
A) Interest is calculated only on the original principle
B) Interest is calculated on a dollar received today
C) Interest is calculated on both the original principle and on all interest accumulated since the beginning of interest period.
D) All of the Above
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Compound growth rate is calculated:<br>A) By loan
Q2: Future Value Table is used :<br>A) As
Q3: Present value (PV) refers to:<br>A) Worth in
Q4: To find future value discount.....
Q5: The time value of money refers to:<br>A)
Q7: Future value implies using the compound interest
Q8: Opportunity cost are revenues gained by forgoing
Q9: In a simple interest method the principle
Q10: Amount of Perpetuity = Initial Investment x
Q11: Annuity due refers to:<br>A) A series of