Present value of a single amount Future value of a series of deposits Future value of a single amount Present value of a series of deposits
Question 9. Question:( TCO 1) Which goal below would be the easiest to implement and measure in terms of
accomplishment? " Reduce our debt payments." Save $ 100 a month to create a $ 4,000 emergency fund." " Save funds for an annual vacation." " Invest $ 2,000 a year for retirement."
Question 10. Question:( TCO 1) _____ risk refers to the changing cost of money.
Monetary Inflation Economic Personal Interest rate
Question 11. Question:( TCO 1) Calculating future value investing problems involves the process of
discounting. add-on interest. adding simple interest. compounding. an annuity.