Listed Below Are Ten Terms Followed by a List of Phrases

Short Answer

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.
Terms:
a. Annuity
b. Future value of a single amount
c. Discount rate
d. Future value of an annuity
e. Interest
f. Compound interest
g. Present value of a single amount
h. Time value of money
i. Simple interest
j. Present value of an annuity
Phrases:
_____ Amount today equivalent to a specified future amount.
_____ The rate at which future dollars are equal to current dollars.
_____ Interest earned on the initial investment only.
_____ The factor that causes money today to be worth more than the same amount in the future.
_____ Current worth of a series of equal payments received in the future.