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Define the following 4.2 e. Perpetuity; consol f. Outflow; inflow; time line; terminal value g. Compounding; discounting h. Annual, semiannual, quarterly, monthly, and daily compounding

Define the following

4.2

e. Perpetuity; consol

f. Outflow; inflow; time line; terminal value

g. Compounding; discounting h. Annual, semiannual, quarterly, monthly, and daily compounding

i. Effective annual rate (EAR or EFF%); nominal (quoted) interest rate; APR; periodic rate

j. Amortization schedule; principal versus interest component of a payment; amortized loan What is an opportunity cost rate

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