Match the number with the letter...

1. interest a. First cash flow occurs 1 period after agreement begings

2. monetary interest b. the rate at which money will actually grow during a yr

3. compound interest c. First cash flow occurs on the first day of the agreement

4. Simple interest d. the amount of money that a dollar will grow to

5. Annuity e. amount of money paid/rec in excess of amount borrowed/lent

6. PV of a single amount F. obligation to paya sum of cash, the amount of which is fixed

7. annuity due g. money can be invested today and grow to a larger amount

8. FV of a single amount H. no fixed dollar amount attached

9. ordinary annuity i. computed by multiplying an invested amount by the interest rate

10. effective rate or yield j. interest calculated on invested amount plus accumulated interest

11. nonmonetary asset k. a series of equal sized cash

12. time bvalue of money L. amount of money required today that is equivalent to to a given future amount

13. monetary liabilty m. claim to receive a fixed amount of money