Question: Match each sentence to the correct concept. a)The amount an investment is worth after one or more time periods is referred to as _______________ b)The
- Match each sentence to the correct concept.
- a)The amount an investment is worth after one or more time periods is referred to as _______________
- b)The process of finding the present value of some future amount is called _________________.
- c)Calculating the present value of a future cash flow to determine its value today is known as _________________.
- d)Interest earned on the principal and may be for a number of years may be called ______________
- e)___________ is the process of accumulating interest in an investment over time to earn more interest.
- f)The interest earned on both the initial principal and the interest reinvested from prior periods is referred to as ______ _______.
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