Solved

Match the Following Terms with the Corresponding Description

Question 15

Matching

Match the following terms with the corresponding description.

Premises:
PV
FV
NPER
RATE
NPV
Responses:
Calculates the periodic rate for an investment or loan given the number of payment periods, a fixed periodic payment, and present E, value
Calculates the number of payment periods for an investment or loan given a fixed interest rate, periodic payment, and present value.
Calculates the net present value of an investment, given a fixed discount rate (rate of return) and a set of given cash inflows
Calculates the future value of an investment, given a fixed interest rate, term, and periodic payment
Calculates the total present (i.e., current) value of a series of payments that will be made in the future

Correct Answer:

PV
FV
NPER
RATE
NPV
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