Listed below are several terms and phrases associated with concepts discussed in the chapter. Pair each item from List A (by letter) with the item from List B that is most appropriately associated with it. List A 1. Interest 2. Monetary asset 3. Compound interest 4. Simple interest 5. Annuity Present value of a single 6. amount 7. Annuity due Future value of a single 8. amount 9. Ordinary annuity 10. Effective rate or yield 11. Nonmonetary asset 12. Time value of money 13. Monetary liability List B a. First cash flow occurs one period after agreement begins b. The rate at which money will actually grow during a year c. First cash flow occurs on the first day of the agreement d. The amount of money that a dollar will grow to e. Amount of money paid/received in excess of amount borrowed/lent f. Obligation to pay a sum of cash, the amount of which is fixed 9. Money can be invested today and grow to a larger amount h. No fixed dollar amount attached I. 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