A. Match the terminologies in column B to its definition or statement in column A. COLUMN A COLUMN B 1. It is the amount of time in years the money is borrowed or A. Creditor invested. 2. It is the date on which the total amount borrowed with interest is to be completely repaid. 3. It refers to the person or institution that invests the money or makes the funds available. B. Time or Term C. Origin/Loan Date 4. It is the amount of money borrowed or inves ted on the origin date. D. Principal 5. It is the amount after t years that the lender receives from the borrower on the maturity date. 6. It is the date on which money is received by the borrower. 7. It is the amount paid or earned for the use of money. 8. It refers to the person or institution who owes money or avails of the funds from the lender. E. Maturity date F. Maturity/Future Value G. Borrower/Debtor H. Compound Interest 9. It is the interest computed on the principal and also on the accumulated past interest I. Interest 10. It is the percentage of the principal that will be J. Rate of interest changed for a specified period of time.
A. Match the terminologies in column B to its definition or statement in column A. COLUMN A COLUMN B 1. It is the amount of time in years the money is borrowed or A. Creditor invested. 2. It is the date on which the total amount borrowed with interest is to be completely repaid. 3. It refers to the person or institution that invests the money or makes the funds available. B. Time or Term C. Origin/Loan Date 4. It is the amount of money borrowed or inves ted on the origin date. D. Principal 5. It is the amount after t years that the lender receives from the borrower on the maturity date. 6. It is the date on which money is received by the borrower. 7. It is the amount paid or earned for the use of money. 8. It refers to the person or institution who owes money or avails of the funds from the lender. E. Maturity date F. Maturity/Future Value G. Borrower/Debtor H. Compound Interest 9. It is the interest computed on the principal and also on the accumulated past interest I. Interest 10. It is the percentage of the principal that will be J. Rate of interest changed for a specified period of time.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Transcribed Image Text:A. Match the terminologies in column B to its definition or statement in column A.
COLUMN A
COLUMN B
1. It is the amount of time in years the money is borrowed or
A. Creditor
invested.
2. It is the date on which the total amount borrowed with
interest is to be completely repaid.
3. It refers to the person or institution that invests the money or
makes the funds available.
B. Time or Term
C. Origin/Loan Date
4. It is the amount of money borrowed or inves ted on the origin
D. Principal
date.
5. It is the amount after t years that the lender receives from the E. Maturity date
borrower on the maturity date.
6. It is the date on which money is received by the borrower.
7. It is the amount paid or earned for the use of money.
8. It refers to the person or institution who owes money or avails
of the funds from the lender.
9. It is the interest computed on the principal and also on the
accumulated past interest
10.
F. Maturity/Future Value
G. Borrower/Debtor
H. Compound Interest
I. Interest
It is the percentage of the principal that will be
J. Rate of interest
changed for a specified period of time.
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