Finance_All topics by today
Quiz
•
Business
•
1st - 3rd Grade
•
Practice Problem
•
Medium

Nilufar Allaberganova
Used 9+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The amount of money a person expects to have in the future is called
Principal
Simple Interest
Future Value
Present Value
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Earning interest on interest is called...
Extra Interest
Simple Interest
Inflation Interest
Compound Interest
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The idea that money to be paid out or received in the future is not equivalent to money paid out or received today
SMART Money
Time Value of Money
PV/FV Money
Compound Money
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The steady rise in the general level of prices is known as...
Time Value of Money
Interest
Principal
Inflation
5.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
Future value is calculated as...
FV= PV / (PV * Interest rate)
FV = PV + (PV * Interest rate)
FV = PV - PV / Interest rate
FV = PV * (PV*Interest rate)
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The interest rate is...
Future value of the money
The present value of the money
Compensation for the length of using money
The principal of the money
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The future value with compound interest for more than two periods is calculated as...
FV = PV(1 + i)n
FV = PV(1 + i) 2
FV = PV / (1+i)2
FV = PV / (1 + i) 2
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