1. What of a lump sum time value of money question determines the amount the investment will earn, or how quickly the amount will grow?

Group of answer choices

Present Value

Future Value

Interest Rate

Income Annuity

2.

What is another term for the future value of a time value of money calculation?

Group of answer choices

Present Value

Ending Value

Finishing Balance

I/Y

Perpetuity

3.

What concept is the foundation of the financial system that allows us to borrow, lend, and invest, while expecting a fair return of our money (called principal), and a return on our money (called interest or growth).

Group of answer choices

Investing

Time Value of Money

Compounding

Financial Plan

Budgeting