Subtract
- $16 - 16$ A) 0
B) 1
C) 16
D)

question 391

Multiple Choice

Subtract.
- $16 - 16$

• A) 0
• B) 1
• C) 16
• D) \(- 16\)

---

Definitions:

Present Value

The now value of a sum of money to be received in the future or a series of financial inflows, accounting for a specific return rate.

Simple Interest

Simple interest is a method of calculating the interest charge on a loan or investment based on the original principal amount and not on accumulated interest.

Discount

A reduction applied to the normal cost of goods or services, or in finance, the process of determining the present value of future cash flows by applying a discount rate.

Compound Interest

Interest that accrues on the principal amount as well as on the accrued interest from earlier periods, for either a deposit or a loan.