Match term to the correct definition. The balance on which interest is paid. Interest paid both on the original investment and on all interest that has been added to the original investment. An investment that gives you a share of ownership in a company. An investment that represents a promise of future cash. Usually issued by either a government or a corporation. The issuer pays you back your initial investment as well as simple interest earned on that investment. An installment loan designed specifically to finance the purchase of a home. The actual increase or decrease from a reference value to a new value The size of the absolute change in comparison to the reference value The amount of money you must pay up front in order to be given a mortgage or other loan A special irrational number with a value of about 2.71828 Variable that represents the number of compounding periods per year in compound interest formulas Group of answer choices - stocks -e -principal -compound interest -bonds -Down payment -Absolute -n -mortgage -relative change
Match term to the correct definition. The balance on which interest is paid. Interest paid both on the original investment and on all interest that has been added to the original investment. An investment that gives you a share of ownership in a company. An investment that represents a promise of future cash. Usually issued by either a government or a corporation. The issuer pays you back your initial investment as well as simple interest earned on that investment. An installment loan designed specifically to finance the purchase of a home. The actual increase or decrease from a reference value to a new value The size of the absolute change in comparison to the reference value The amount of money you must pay up front in order to be given a mortgage or other loan A special irrational number with a value of about 2.71828 Variable that represents the number of compounding periods per year in compound interest formulas Group of answer choices - stocks -e -principal -compound interest -bonds -Down payment -Absolute -n -mortgage -relative change
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Match term to the correct definition.
The balance on which interest is paid.
Interest paid both on the original investment and on all interest that has been added to the original investment.
An investment that gives you a share of ownership in a company.
An investment that represents a promise of future cash. Usually issued by either a government or a corporation. The issuer pays you back your initial investment as well as simple interest earned on that investment.
An installment loan designed specifically to finance the purchase of a home.
The actual increase or decrease from a reference value to a new value
The size of the absolute change in comparison to the reference value
The amount of money you must pay up front in order to be given a mortgage or other loan
A special irrational number with a value of about 2.71828
Variable that represents the number of compounding periods per year in compound interest formulas
Group of answer choices
- stocks
-e
-principal
-compound interest
-bonds
-Down payment
-Absolute
-n
-mortgage
-relative change
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