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WilliamL WilliamL
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Posts: 466
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6 years ago
Match the following terms with their meaning.

I.   Future value
II.   Interest
III.   Nper
IV.   Present value
V.   Rate

A.   The cash balance you want to attain after the last payment is made
B.   The total number of payments
C.   The percentage that is paid for the use of borrowed money
D.   The initial amount of a loan
E.   The charge you pay for borrowing money
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Replies
wrote...
6 years ago
A, E, B, D, C
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