Match Each Term with the Correct Phrase Below

question 7

Multiple Choice

Match each term with the correct phrase below.
-Lavage

• A)removal by cutting
• B)washing out an organ
• C)destruction of tissue by burning
• D)free flow or withdrawal of fluids

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Definitions:

Present Value

The present-day evaluation of a future financial amount or cash flow streams, using a predetermined rate of return.

Actuarial Information

Data used by actuaries to calculate and assess risks, premiums, liabilities, and retirement benefits, based on statistical and mathematical models.

Bond Issue

A bond issue refers to the process by which a borrower issues bonds to investors in order to raise capital, under specific terms regarding the repayment of the principal and periodic interest payments.

Yield Interest

The interest generated from an investment, usually expressed as an annual percentage of the investment's cost.