Match the description with each term and answer the following question please.

Finance; or financial management, requires the knowledge and precise use of the language of the field. Match the terms relating to the basic terminology and concepts of the time yalue of money on the left with the descriptions of the terms on the right: Read eoch description carefully and type the letter of the description in the Answer column next to the correct term. These are not necessarily complete definitions, but there-15 only one possible answer for each term. Amortization schedule 1. The process of detemining the present value of a cash flow or series of cash flows to be received or paid in the future. Opportunity cost of funds 3. One of the four major time value of money terms; the amount to which an individual cash flow of series of cash payments or receipts will grow over a period of time when earning interest at a given rate of interest. Jime value of money calculations can be solved using a mathematical equation, a financial calculator, or a spreadsheet. Which of the following equations can be used to nolve for the present value of an annuity due? PMIf PMT {[(1+r)61]/r)(1+r) PMT ({1[1/(1+r)n]}/r) PMT ({1[1/(1+f)])/r)(1+r)