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math
31問 • 1年前
  • Sab Sescon
    • 通報

    問題一覧

  • 1

    Is the price associated with utilizing borrowed funds.

    interest

  • 2

    When you deposit money into a bank, you will earn ____ on your deposit.

    interest

  • 3

    If you borrow money from a bank, you will be required to pay ____ on the borrowed amount.

    interest

  • 4

    The sum of money deposited into are borrowed from a bank is known as the _____

    principal

  • 5

    It is expressed as a percentage, and it determines the amount of interest that will be charged or earned.

    interest rate

  • 6

    The duration of the deposit or loan is referred to as the ______.

    time

  • 7

    Is the interest charged on the original amount borrowed or lent, and the time period is usually stated in terms of annual interest rates.

    simple interest

  • 8

    Simple interest formula

    i = prt

  • 9

    Is the sum of the principal and the interest.

    maturity or future value

  • 10

    Maturity or future value formula

    a = p + i

  • 11

    Other formula for maturity or future value

    A = P(1+rt)

  • 12

    Formula for present value

    S = P(1-rt)

  • 13

    The interest and loans may be deducted in advance from the principal amount.

    present value

  • 14

    Is a method of calculating interest periodically on the sum of the principal and the accumulated interest of previous periods.

    compound interest

  • 15

    It means that earned interest will also earn interest.

    compound interest

  • 16

    N = 1

    annually

  • 17

    N = 2

    semi annually

  • 18

    N = 4

    quarterly

  • 19

    N = 6

    bimonthly

  • 20

    N = 12

    monthly

  • 21

    N = 360

    daily

  • 22

    Can be calculated using the compound amount or future value formula.

    compound amount

  • 23

    Compound amount formula

    A. = P (1+r/n)^nt

  • 24

    A is the

    future value or compound amount

  • 25

    Is the original principal invested before it earns interest; in the compound amount formula, it is the P.

    present value

  • 26

    Present value formula

    P = A/(1+r/n)^nt

  • 27

    Is the amount invested today and will have a specific value in the future.

    present value

  • 28

    Is an economic condition where there is an increase in the cost of goods and services.

    inflation

  • 29

    The compounded annual interest rate is called _____

    nominal rate

  • 30

    This is called nominal rate

    compounded annual interest rate

  • 31

    Simple interest rate that would yield the same amount of interest after 1 year is an _____

    effective rate

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    問題一覧

  • 1

    Is the price associated with utilizing borrowed funds.

    interest

  • 2

    When you deposit money into a bank, you will earn ____ on your deposit.

    interest

  • 3

    If you borrow money from a bank, you will be required to pay ____ on the borrowed amount.

    interest

  • 4

    The sum of money deposited into are borrowed from a bank is known as the _____

    principal

  • 5

    It is expressed as a percentage, and it determines the amount of interest that will be charged or earned.

    interest rate

  • 6

    The duration of the deposit or loan is referred to as the ______.

    time

  • 7

    Is the interest charged on the original amount borrowed or lent, and the time period is usually stated in terms of annual interest rates.

    simple interest

  • 8

    Simple interest formula

    i = prt

  • 9

    Is the sum of the principal and the interest.

    maturity or future value

  • 10

    Maturity or future value formula

    a = p + i

  • 11

    Other formula for maturity or future value

    A = P(1+rt)

  • 12

    Formula for present value

    S = P(1-rt)

  • 13

    The interest and loans may be deducted in advance from the principal amount.

    present value

  • 14

    Is a method of calculating interest periodically on the sum of the principal and the accumulated interest of previous periods.

    compound interest

  • 15

    It means that earned interest will also earn interest.

    compound interest

  • 16

    N = 1

    annually

  • 17

    N = 2

    semi annually

  • 18

    N = 4

    quarterly

  • 19

    N = 6

    bimonthly

  • 20

    N = 12

    monthly

  • 21

    N = 360

    daily

  • 22

    Can be calculated using the compound amount or future value formula.

    compound amount

  • 23

    Compound amount formula

    A. = P (1+r/n)^nt

  • 24

    A is the

    future value or compound amount

  • 25

    Is the original principal invested before it earns interest; in the compound amount formula, it is the P.

    present value

  • 26

    Present value formula

    P = A/(1+r/n)^nt

  • 27

    Is the amount invested today and will have a specific value in the future.

    present value

  • 28

    Is an economic condition where there is an increase in the cost of goods and services.

    inflation

  • 29

    The compounded annual interest rate is called _____

    nominal rate

  • 30

    This is called nominal rate

    compounded annual interest rate

  • 31

    Simple interest rate that would yield the same amount of interest after 1 year is an _____

    effective rate