Examlex

Solved

Examine the Five Words And/or Phrases and Determine the Relationship

question 9

Multiple Choice

Examine the five words and/or phrases and determine the relationship among the majority of words/phrases. Choose the one option that does not fit the pattern.


Definitions:

Simple Interest

Interest assessed only on the principal sum, or on the part of the principal that still needs to be repaid.

Principal Amount

The original sum of money borrowed in a loan or invested, distinct from interest or profit earned.

Invested

To be invested refers to the allocation of resources, such as capital or time, into a particular venture, asset, or effort with the expectation of generating a future return.

Present Value Equation

A mathematical formula used to determine the current value of a future amount of money or stream of cash flows given a specific rate of return.

Related Questions