The amount to be invested now to accumulate to a certain amount in the future at a specified interest rate is called the:

A) time value of money.
B) present value of an investment.
C) future value of an investment.
D) None of the above.


B

Business

You might also like to view...

Which of the following is true about etic and emic approaches to country analysis?

A) The etic and emic approaches are identical. B) An emic approach studies a culture from within; etic analysis is "from the outside." C) An emic approach studies a culture "from the outside"; etic analysis studies a culture from within. D) The emic/etic distinction is not useful in cultural studies. E) The emic/etic approaches cannot be applied to Asian countries.

Business

Why must a data warehouse include both detail and summary data?

Business

What has research shown about the value Americans place on the ethical nature of their employer?

a. A minority of Americans consider an ethical culture a very important component in an employer. b. The majority of Americans do not consider ethics when looking for an employer. c. Most Americans would like to work for an ethical company but do not consider it a priority. d. A vast majority believe it is highly important to work for an ethical company.

Business

The Corbit Corp sold merchandise for cash, $7,200. The cost of the merchandise sold was $3,950. The journal entry(s) to record this transaction would be

A) Cash 7,200Merchandise Inventory 7,200Cost of Merchandise Sold 3,950Sales 3,950 B) Cash 7,200Sales 7,200Cost of Merchandise Sold 3,950Merchandise Inventory 3,950 C) Cash 7,200Sales 7,200Cost of Merchandise Sold 7,200Merchandise Inventory 7,200 D) Cash 3,950Sales 3,950Cost of Merchandise Sold 3,950Merchandise Inventory 3,950

Business