Match the terminology to the definition. A discount allowed for a payment within the discount period. Answer 1 The price paid after the deduction of trade discounts. Answer 2 Any payment that is smaller than the amount required to fully settle an invoice. Answer 3 The original amount borrowed or invested. Answer 4 The property that a given nominal amount of money has different economic values on different dates. Answer 5 The interest rate used in calculating the present value of future cash flows. Answer 6 Promissory notes issued by large corporations to borrow funds for a short term. Answer 7 The stated annual interest rate on which the compound-interest calculation is based. Answer 8 The rate of interest earned in one compounding period. Answer 9 The equivalent annually compounded rate of interest. Answer 10 An annuity in which the payment interval does not equal the compounding interval, and payments are made at the end of each payment interval. Answer 11 The amount for which the lessee can purchase a leased vehicle at the end of the term of the lease. Answer 12 The total length of time over which equal regular payments will repay a loan. Answer 13