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Match the following terms with the appropriate definition. E. M Effective yield or interest rate D Monetary liability A. Compound interest c. Present Value B.

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Match the following terms with the appropriate definition. E. M Effective yield or interest rate D Monetary liability A. Compound interest c. Present Value B. Future value of a single amount A Interest accumulates on interest 8. The rate at which money will actually grow. C Current worth of future cash flows. 0. Fixed obligation to pay an amount in cash. E. The money to which an amount invested will grow over time. QUESTION 3 Match the following terms with the appropriate definition E. Future Value D. V Time value of money CMonetary Asset B. M Present value of a single amount A Simple interest A Accumulation of an amount with interest B. Amount today equivalent to a specified future amount C. Claim to a fixed amount of cash. D A dollar now is worth more than a dollar later E: Based on initial investment only

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