Solved

Match the Following Terms with the Corresponding Description

Question 99

Matching

Match the following terms with the corresponding description.

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

Correct Answer:

PV
NPV
RATE
FV
NPER
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