The Time Value Concept/calculation Used in Amortizing a Loan Is

question 136

Multiple Choice

The time value concept/calculation used in amortizing a loan is

• A) future value of a dollar
• B) future value of an annuity
• C) present value of a dollar
• D) present value of an annuity

---

Definitions:

Genetically Inherited

Traits or characteristics passed down from parents to offspring through genes.

Physiological Origin

The source or cause of a phenomenon or condition rooted in the body's physical and biological functions.

Voluntarism

A theory or system that emphasizes the role of individual will or intention in decision making or the shaping of events.

Cognitism

The psychological theory that cognitive processes are essential to understanding human behavior and interactions, focusing on thoughts, perceptions, and information processing.