Examlex
Match the following numbered items with the most correct response letter.
A response may be used once, more than once, or not at all.
-Enterprise resource planning
Simple Interest
Simple interest is interest calculated only on the principal amount, or on that portion of the principal amount which remains unpaid.
Present Value
The present value of a sum of money or series of cash flows expected in the future, discounted at a certain rate of return.
Amortized Loan
A loan repaid in equal periodic amounts (or “killed off” over time).
Repayment Of Principal
The process of paying back the original amount borrowed in a loan, excluding any interest charges.
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