Question: Match the term with the correct definition. Future Value a . Gives the amount to have left to pay after the pm payments toward the
Match the term with the correct definition.
Future Value
a Gives the amount to have left to pay after the pm payments toward the debt.
Compound Interest
b Interest paid once.
Present Value
c Interest paid every compounding period.
Continuous Interest
d Start at a particular amount and make periodic payments to get to
Simple Interest
e Interest paid infinite number of times.
Unpaid Balance
f Start at and make periodic payments to get a particular amount in the future.
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