Time Value of Money in Cars

The idea that what something is worth today is not what it is going to be worth in the future is:

• Value of Time & Money

• Time Value of Money

• Time Value of Dollar

• Economic Depreciation

This term refers to the worth of something in the future:

• Future Price

• Value of the Future

• Future Value

• Value Change

This term refers to the worth of something today or at the moment you bought it:

• Initial Value

• Current Value

• Principal

• Present Value

What does the "I%" stand for?

• Initial Value

• Interest Rate

• Included Value

• Initial Rate

What does the "N" stand for?

• Total number of compounding periods

• Natural Value

• Interest Rate

• Nothing

What does "P/Y" stand for?

• monthly payment

• total principal

• principal per year

• payments per year

What does "PMT" stand for?

• amount of payment per payment period

• Principal, Money, Time

• payments over time

• Pricipal Market Time

What does "C/Y" stand for?

• cars per year

• compounds per year

• contract per year

• contrast and yield

"P/Y" and "C/Y" will typically be the same value.

• True

• False

This term means for the value of something to decrease over time:

• Inflation

• Discretion

• Deceleration

• Depreciation