Finance_5 Word Scramble
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Question | Answer |
The situation in which interest paid on an investment during the first period is added to the principal. During the second period, interest is earned on the original principal plus the interest earned during the first period. | Compound Interest |
Annuity | |
An annuity in which the payments occur at the beginning of each period. | Annuity Due |
An annuity with an infinite life. | Perpetuity |
Amortized Loan |
Created by:
Wilkins188
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