Match Each Item with the Correct Statement Below

question 128

Multiple Choice

Match each item with the correct statement below.
-earning of interest on interest

• A)Payback period
• B)Accounting rate of return
• C)Net present value
• D)Internal rate of return
• E)Discount rate
• F)Annuity
• G)Post-audit
• H)Compounding of interest

---

Definitions:

Fixed Rate

An interest rate that remains constant over the duration of a loan or investment, as opposed to a variable or floating rate.

Money Supply

The entire pool of financial assets existing in an economy at a specific timeframe.

Gold Standard

A monetary system where a country's currency or paper money has a value directly linked to gold.

Convertible

A type of automobile with a flexible roof system that allows it to transform between an enclosed and an open-air form.