Worksheetsfinance 4.1, 4.2
Total questions: 20
Worksheet time: 10mins
compound interest
interest that accumulates on the principal and the accrued interest
the percentage gain or loss of an investment over a specified period
the percentage of principal charged by the lender for loaning money
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Future value
The value of an asset sometime in the future based on an assumed rate of growth
the percentage of principal charged by the lender for loaning money.
Interest that is earned on the principal amount of investment, calculated by multiplying the interest rate (percentage) by the principal amount.
Interest that accumulates on the principal and the accrued interest.
Interest Rate
The increase in prices over a specific period of time, usually shown as a percentage.
The concept that an amount of money is worth more today than the same amount of money is worth in the future.
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The percentage of principal charged by the lender for loaning money.
Inflation
The percentage gain or loss on an investment over a specified period of time.
The value of an asset sometime in the future based on an assumed rate of growth.
The increase in prices over a specific period of time, usually shown as a percentage.
The concept that an amount of money is worth more today than the same amount of money is worth in the future.
Present Value
The percentage gain or loss on an investment over a specified period of time.
The current value of a stream of future cash flows, discounted at a certain rate.
The concept that an amount of money is worth more today than the same amount of money is worth in the future.
The value of an asset sometime in the future based on an assumed rate of growth.
Rate of Return (ROR)
The increase in prices over a specific period of time, usually shown as a percentage.
The concept that an amount of money is worth more today than the same amount of money is worth in the future.
Interest that accumulates on the principal and the accrued interest.
The percentage gain or loss on an investment over a specified period of time.
Simple Interest
Interest that is earned on the principal amount of investment, calculated by multiplying the interest rate (percentage) by the principal amount.
The percentage of principal charged by the lender for loaning money.
inflation
The percentage gain or loss on an investment over a specified period of time.
Financial Needs
Targets to achieve in order to meet your future financial needs and wants.
The money required to meet your daily and future needs.
Purchasing an asset with the hope that it will produce income or a profit.
The intentional act of not spending income, and setting it aside to use in the future.
Financial Goals
Purchasing an asset with the hope that it will produce income or a profit.
The money required to meet your daily and future needs.
The intentional act of not spending income, and setting it aside to use in the future.
Targets to achieve in order to meet your future financial needs and wants.
Investing
Purchasing an asset with the hope that it will produce income or a profit.
The money required to meet your daily and future needs.
Targets to achieve in order to meet your future financial needs and wants.
The intentional act of not spending income, and setting it aside to use in the future.
Saving
The intentional act of not spending income, and setting it aside to use in the future
Purchasing an asset with the hope that it will produce income or a profit.
Targets to achieve in order to meet your future financial needs and wants.
The money required to meet your daily and future needs.
When you purchase and asset with the hope/intent of making a return, thereby putting your money to work to make more money, that is called
inflation
stock market
interest rate
investing
How much money should individuals save in an emergency fund?
three to six months of expenses
1 day of expenses
10 years of expenses
14 weeks of expenses
The intentional act of not spending income, and setting it aside to use in the future, is called
saving
being smart
compound interest
financial needs
Someone who is saving a specific amount money to buy a new laptop computer for her business that she will run out of her home is being intentional about
learning how to use her laptop
future retirement
setting a financial goal
recessions
that an amount of money is worth more today than the same amount of money is worth in the future, is called
time value of money
present value
compound interest
rate of return
The increase in prices over a specific period of time, usually shown as a percentage, is called
inflation
capitalism
rate of return
dividends
What is the present value given the following variables: Future Value (or FV) = $300, Rate of Return (or ROR) = 10%, and Number of Periods (N) = 8 years
$139.95
$193.95
$138.96
$1
What is the present value or PV formula
PV = FV/(1 + R)N
y = mx + b
yx/y1 = x1/x2
PF = VF/(2 + R)
The ___ of principal charged by the lender for loaning money
percentage
interest
value
debt
