Question
Match the following sentences to the most correct concept. The process of accumulating interest in an investment over time to earn more interest is termed
Match the following sentences to the most correct concept.
The process of accumulating interest in an investment over time to earn more interest
is termed ______________.
The present value of a future cash flow to determine its value today is known as the
________________________.
The amount an investment is worth after one or more time periods is referred to as
__________.
Interest earned on the principal and may be for a number of years may be called
________________.
The interest earned on both the initial principal and the interest reinvested from prior
periods is referred to as _____________.
The process of finding the present value of some future amount is called
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