Match the Items Below by Entering the Appropriate Code Letter

question 181

Short Answer

Match the items below by entering the appropriate code letter in the space provided:
A. Compound interest
B. Discount rate
C. Annuity
D. Simple interest
E. Annuity due
F. Ordinary annuity
G. Discount
H. Present value
1. A series of equal payments or receipts
2. Calculated by taking the principal x interest rate x time
3. Also referred to as the effective rate
4. One where the first payment starts at the beginning of the period
5. Calculated based upon interest not only on the principal but also on interest earned
6. One where the first payment is at the end of each period
7. If the bond's contractual rate is less than the market, it will be sold at a ___
8. The discounting of future cash flows is often referred to as the process of determining the ___

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Definitions:

Edward VII

King of the United Kingdom and the British Dominions, and Emperor of India, from 1901 to 1910, known for modernizing the British Home Fleet and his role in the Entente Cordiale.

Condition Subsequent

A condition subsequent is a condition in a contract that, when met, terminates an existing obligation under the contract, as opposed to initiating it.

Breach Of Contract

The failure to perform any term of a contract, written or oral, without a legitimate legal excuse.

Cause Of Action

A cause of action is a set of facts sufficient to justify a right to sue to obtain money, property, or the enforcement of a right against another party.