Question: Annuity = Lump sum= Fixed Annuity= Future Value= Present Value= Time value of money= Simple Interest= Compound Interest= Interest Factor= Semi-annual compounding= Quarterly = FVIF

Annuity =

Lump sum=

Fixed Annuity=

Future Value=

Present Value=

Time value of money=

Simple Interest=

Compound Interest=

Interest Factor=

Semi-annual compounding=

Quarterly =

FVIF =

PVIF =

Exact Interest =

Ordinary Interest =

A.

Interest that is calculated based on a 360 day year.

B.

Value of a sum of money due in the future in today's dollars.

C.

Interest that is paid or earned two times during the month.

D.

The calculation of interest periodically over the life of the loan or investment.

E.

Interest that is calculated based on a 365 day year.

F.

It is based on the number of periods (n) and the interest rate per period.

G.

The calculation of interest on the original principal balance only.

H.

Interest factor that is used to calculate the present value of a lump sum.

I.

Interest factor that is used to calculate the future value of a lump sum.

J.

The value of an investment at some future point in time.

K.

Acknowledging that a dollar received today is worth more than one received in the future because that money can be invested and grow over time,

L.

A stream or series of equal cash receipts or payments over the term of the investment or loan.

M.

A stream or series of cash receipts or disbursements.

N.

Interest that is calculated four times per year.

O.

Money which is received or paid one time only.

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