Solved

Listed Below Are Ten Terms Followed by a List of Phrases

Question 34

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

Q29: Future value is how much an amount

Q30: The present value of $1,000 received three

Q31: Below are excerpts from interest tables

Q32: Dobson Contractors is considering buying equipment at

Q33: Briefly describe the difference between simple interest

Q35: Samuel is trying to determine what it's

Q36: Compound interest is interest you earn on

Q37: Monica wants to sell her share of

Q38: Zulu Corporation hires a new chief executive

Q39: Briefly explain why the value of $100