Loan Payment Calculations and Net Present Value Calculations Are Formulas

question 35

Multiple Choice

Loan payment calculations and net present value calculations are formulas found in the ________ category of functions.

• A)Math & Trig
• B)Logical
• C)Financial
• D)Statistical

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Definitions:

Retained Earnings

Cumulative net income minus dividends paid to shareholders, representing the portion of profit reinvested in the business.

Depreciation Expense

The distribution of a physical asset's cost across its anticipated lifespan to reflect its depreciation over time.

Net Income

The total profit of a company after all expenses and taxes have been deducted from revenue, also known as the bottom line.

Private Corporation

A company owned by non-governmental organizations or a relatively small number of shareholders or company members which does not offer or trade its company stock (shares) to the general public.