13) What THREE items appear on the right side of a balance sheet (this is the side that DOES NOT identify the assets of a company)? You must identify ALL THREE CORRECT answers for credit.

		Cash
		Equipment
		Debt
		Paid-in Capital (including common stock)
		Retained Earnings
		Accounts receivable

14) In a time-value-of-money problem, the more frequent the compounding

		the lower interest earned.
		the greater the interest earned.
		has no effect on the amount of interest earned.
		affects the "I/Y" key on a BAII-plus calculator.

15) An annuity with an infinite life is called a(n)

		perpetuity.
		primia.
		indefinite.
		deep discount.

16) For a given interest rate, as the length of time until receipt of the funds increases, the present value interest factor

		changes proportionally.
		increases.
		decreases.
		remains unchanged.