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1. The interest rate used to calculate the present value of future cash flows: 2. The interest rate expressed on a loan as if it
1. The interest rate used to calculate the present value of future cash flows:
2. The interest rate expressed on a loan as if it were compounded once per year:
3. The interest rate charged per period multiplied by the number of periods per year:
Select One -
Discount Rate
Effective Annual Rate
Annual Percentage Rate
4. A loan where monthly payments are due at the beginning of each period: | ||
5. A level stream of cash flows which continue indefinitely: | ||
6. A constant level of cash flows that occur at the end of each period for | ||
some fixed number of periods: |
Select One:
Ordinary Annuity
Annuity Due
Perpetuity
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