Question
1 .Interest 2 .Simple interest 3 .Compound interest 4 .Compounded Annually 5 .Compounded Semi-annually 6 .Compounded Quarterly 7 .Compounded Monthly 8 .Compounded Weekly 9 .Compounded
1.Interest
2.Simple interest
3.Compound interest
4.Compounded Annually
5.Compounded Semi-annually
6.Compounded Quarterly
7.Compounded Monthly
8.Compounded Weekly
9.Compounded Bi-weekly
10.Compounded Daily
11.Annual Interest Rate
12.Compounding
Period Rate
13.Compounding frequency
14.Compounding period
15.Creditor
16.Debtor
17.Balance
18.Present value
19.Future value
20.Term/Period
21.Principal
22.Discount
23.Annum
The amount of money in an investment or loan at a specific period of time.
The amount that the principal will be worth at a specified time in the future.
Year
Interest is calculated fifty-two times a year (every week).
The amount an investment is currently worth. Also known as the principal.
The length of time of the investment/loan.
The borrower of the money.
Interest is calculated twelve times a year (every month).
The money earned from an investment or paid on a loan.
Interest is calculated three hundred and sixty-five times a year (every day).
The money earned from an investment or paid on a loan that is based on the original value of the investment or loan.
The length of time between interest calculations.
Interest is calculated four times a year (every three months).
The value of the initial amount of the investment.
Interest is calculated twenty-six times a year (every other week).
An amount subtracted from the original value
The interest rate for the year.
The lender of the money.
Interest is calculated once a year.
The number of times the interest is calculated each year.
The money earned from an investment or paid on a loan that is based on the current value which includes the principal and the accumulated interest from previous periods.
The interest rate for the compounding period.
Interest is calculated two times a year (every six months).
*I basically have to match the term with the definition
I have answered them but I need to check to make sure their right
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