Match Each of the Following Terms Related to Interest and Time

question 123

Multiple Choice

Match each of the following terms related to interest and time value of money calculations to their appropriate definition.
-A series of payments of equal amount.

• A)Time value of money
• B)Simple interest
• C)Compound interest
• D)Future value of a single amount
• E)Present value of a single amount
• F)Annuity
• G)Future value of an annuity
• H)Present value of an annuity

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Definitions:

Genus

A class of items that share common characteristics; in biology, a way to group species with similar characteristics.

Species

A collection of organisms that share similar characteristics and can interbreed or exchange genetic material.

Vegetable

A plant or part of a plant used as food, typically referring to the leaf, stem, root, or flower.

Genus

A class or group of entities that share common characteristics, often used in biological classification to denote a category above species and below family.