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Keea Keea
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6 years ago
The total amount of principal and accumulated interest at the end of a loan or investment is known as Present Value.
  Indicate whether the statement is true or false

Q. 2

Find the range of the following set of values: 3.25, 6.18, .92, 5.18, 3.26

Q. 3

The idea that money now, or in the present, is more desirable than the same amount of money in the future because it can be invested and earn interest as time goes by is referred to as time value of money.
  Indicate whether the statement is true or false

Q. 4

Find the range of the following set of values: 5.01, 4.21, 3.35, 2.47, 12.55, 28.64, 33.87, 49.91, 50.98

Q. 5

Compound interest is interest that is applied a number of times during the term of a loan or investment; interest paid on the principal and previously earned interest.
  Indicate whether the statement is true or false
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JRoenick97JRoenick97
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6 years ago
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Keea Author
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6 years ago
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Correct Slight Smile TY
jcarter
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This site is awesome
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