Match the Most Appropriate Term to the Definition

question 11

Multiple Choice

Match the most appropriate term to the definition.
-Name for pending legislation

• A)two-thirds
• B)procedural law
• C)constitutionality
• D)majority
• E)lobbyist
• F)three-fourths of the states
• G)remedial law
• H)protective law
• I)code
• J)session laws
• K)Congress
• L)Senate
• M)statute
• N)House of Representatives
• O)Repeal
• P)amend
• Q)bill
• R)committee
• S)veto
• T)U.S.Supreme Court

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Definitions:

Present Value

The amount needed to invest today to reach a stated future goal, given a certain rate of return.

Withdrawals

Amounts of money taken out of an account, which can reduce the balance in banking or investment contexts.

Compounded Semiannually

Refers to the process of applying interest to a principal sum twice a year, leading to interest being added to the total amount on which future interest payments are calculated.

Present Value

The current worth of a future sum of money or stream of cash flows, given a specified rate of return.