The Term to Convert a Future Value Amount into Its

question 276

Multiple Choice

The term to convert a future value amount into its present value is:

• A) Annuitize
• B) Compound
• C) Discount
• D) Multiply
• E) Amortize

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Definitions:

Benchmark

A standard or point of reference against which things may be compared or assessed, often used in performance testing of computer hardware or software.

WAN

Short for Wide Area Network, a telecommunications network that extends over a large geographical area for the purpose of computer networking.

LAN

Short for Local Area Network, a network that connects computers within a limited area such as a home, school, or office building, facilitating communication and resource sharing.

HAN

Home Area Network, a network that connects digital devices within a home, allowing them to communicate with each other and with internet services.