Which of the Following Forms of Payment Allows a Consumer

question 9

Multiple Choice

Which of the following forms of payment allows a consumer to make purchases over the Internet?

• A) Cash.
• B) Checks.
• C) Prepaid cards.
• D) Money orders.

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Definitions:

Interest Rate

The percentage of a loan that incurs interest costs for the borrower, often stated as an annual rate of the outstanding loan amount.

Net Present Value

A calculation that compares the value of all future cash flows of a project, discounted back to the present, to the initial investment.

Discount Rate

In finance, it's the interest rate the Federal Reserve charges banks for borrowing funds, used to control money supply.

Net Present Value

A method used in finance to assess the profitability of an investment by calculating the present value of its expected future cash flows minus the initial investment cost.