Start learning →

Match each time value term

Exercise and reference answers

Matching pairs
  1. Left
    Present value
    Right
    The amount invested today
  2. Left
    Future value
    Right
    What it grows into later
  3. Left
    Compound
    Right
    Interest earning interest
  4. Left
    Discounting
    Right
    The reverse of compounding
  5. Left
    Lump sum
    Right
    A single one-time amount
Instructions
Tap a term on the left, then tap its meaning on the right.

Explanation

_Source: OpenStax Principles of Finance (CC BY 4.0), Ch 7 'Time Value of Money I: Single Payment Value'_
Continue learning with Quill →

Browse more US CMA Part 2 questions and exercises →