A single percentage point in the interest rate over time:

	a.	Makes no difference in the amount you earn over time
	b.	Makes a difference in the amount you earn over time
	c.	Only makes a difference after twenty years

2. The time value of money refers to the fact that:

	a.	Dollars paid or received at two different points in time are different
	b.	Old currency needs to be taken out of circulation
	c.	A dollar today is worth less than a dollar in the future

3. An interest rate is:

	a.	The rate at which money is made or lost in the stock market
	b.	The rate at which money is made or lost in the bond market
	c.	The cost of money