The Amount of Money That Would Have to Be Invested

question 67

Multiple Choice

The amount of money that would have to be invested today at a given interest rate over a specific period in order to equal a future amount is called:

• A) Future value
• B) Present value
• C) Future value interest factor
• D) Present value interest factor

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Definitions:

Hackers

Hackers are individuals who use their technical knowledge to gain unauthorized access to computer systems for either malicious purposes or as a form of activism.

NAT

Network Address Translation, a method used in networking to remap one set of IP addresses to another by modifying network address information in the IP header of packets while they are in transit across a traffic routing device.

Network

A group of interconnected computers, servers, and other devices that can exchange data and share resources and services using wired, wireless, or virtual connections.