CENGAGE MINDTAP Assignment 3 complete definitions, but there is only one possible answer for each term. Term Answer Discounting A Time value of money B a Amortized loan c Ordinary annuity D. E Annual percentage rate Description One of the four major time value of money terms; the amount to which an individual cash flow or series of cash payments or receipts will grow over a period of time when earning interest at a given rate of interest. The process of determining the present value of a cash flow or series of cash flows to be received or paid in the future. A6% return that you could have earned if you had made a particular investment. A value that represents the interest paid by borrowers or earned by lenders, expressed as a percentage of the amount borrowed or invested over a 12-month period. A series of equal cash flows that occur at the beginning of each of the equally spaced intervals (such as daily, monthly, quarterly, and so on). The concept that states that the timing of the receipt of payment of a cash flow will affect its value to the holder of the cash flow. A series of equal (constant) cash flows (receipts or payments) that are expected to continue forever A schedule or table that reports the amount of principal and the amount of interest that make up each payment made to repay a loan by the end of its regular term. A series of equat cash flows that occur at the end of each of the equally spaced intervals (such as daily, monthly, quarterly, and so on). A loan in which the payments include interest as well as loan principal. F. Annuity due Perpetuity G H. 1 Future value 1 Amortization schedule J. Opportunity cost of funds Time value of money calculations can be solved using a mathematical equation, a financial calculator, or a spreadsheet. Which of the fol equations can be used to solve for the present value of a lump sum? a ORI