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Match the Items Below by Entering the Appropriate Code Letter

Question 62

Short Answer

Match the items below by entering the appropriate code letter in the space provided.
A. Compound interest D. Present value of a single amount
B. Future value of a single amount E. Present value of an annuity
C. Future value of an annuity
_____ 1. The value today of a future amount to be received or paid.
_____ 2. The value at a future date of a given amount invested.
_____ 3. Return on principal plus interest for two or more periods.
_____ 4. Value today of a series of future amounts to be received or paid.
_____ 5. The sum of all the payments or receipts plus the accumulated compound interest on them.

Correct Answer:

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1. D 4. E
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