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g List B 1. Interest a. First cash flow occurs one period after agreement begins b. The rate at which money will actually grow during

g List B 1. Interest a. First cash flow occurs one period after agreement begins b. The rate at which money will actually grow during a year 2. Monetary asset 3. Compound interest 4. Simple interest c. First cash flow occurs on the first day of the agreement d. The amount of money that a dollar will grow to 5. Annuity Present value of a single amount f. 7. Annuity due 6. e. Amount of money paid/received in excess of amount borrowed/lent Obligation to pay a sum of cash, the amount of which is fixed Money can be invested today and grow to a larger amount h. No fixed dollar amount attached g. 8. Future value of a single amount 9. Ordinary annuity 10. Effective rate or yield 11. Nonmonetary asset 12. Time value of money 13. Monetary liability List A Computed by multiplying an invested amount by the interest rate j. Interest calculated on invested amount plus accumulated interest k. A series of equal-sized cash flows 1. Amount of money required today that is equivalent to a given future amount m. Claim to receive a fixed amount of money i.
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\begin{tabular}{|l|l|l|l|l|} \hline & \multicolumn{2}{|c|}{ List A } & \multicolumn{2}{|c|}{ List B } \\ \hline & 1. & Interest & a. & First cash flow occurs one period after agreement begins \\ \hline 2. & Monetary asset & b. & The rate at which money will actually grow during a year \\ \hline & 3. & Compound interest & c. & First cash flow occurs on the first day of the agreement \\ \hline & 4. & Simple interest & d. & The amount of money that a dollar will grow to \\ \hline & 5. & Annuity & e. & Amount of money paidireceived in excess of amount borrowed/lent \\ \hline & 6. & Present value of a single amount & f. & Obligation to pay a sum of cash, the amount of which is fixed \\ \hline & 7. & Annuity due & g. & Money can be invested today and grow to a larger amount \\ \hline & 8. & Future value of a single amount & h. & No fixed dollar amount attached \\ \hline & 9. & Ordinary annuity & i. & Computed by multiplying an invested amount by the interest rate \\ \hline & 10. & Effective rate or yield & f. & Interest calculated on invested amount plus accumulated interest \\ \hline & 11. & Nonmonetary asset & k. & A series of equal-sized cash fows \\ \hline & 12. & Time value of money & I. & Amount of money required today that is equivalent to a given future amount \\ \hline & 13. & Monetary liability & m. & Claim to receive a fixed amount of money \\ \hline \end{tabular}

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