The Present or Future value of an Annuity Due is always lower than that of ordinary annuit True B False H

1. compound interest is only the interest you earn on your principal amount.   TRUE OR FALSE.

Why will the fixed-charge-coverage ratio always be equal to or less than times interest earned?

Compound interest yields ______ amount than simple interest.

17. Which of the following statements is true? Select one: a. Simple interest relates to future value whereas compound interest relates to present value b. Simple interest pays interest only on a fixed principal amount whereas compound interest also pays interest on interest c. Simple interest relates to present value whereas compound interest relates to future value d. Simple interest applies when an investor receives payments and compound interest applies when an investor makes payments

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Which of the following statements is true?a. When the interest rate increases, the present value of asingle amount decreases.b. When the number of interest periods increases, thepresent value of a single amount increases.c. When the interest rate increases, the present value of anannuity increases.d. None of the above are true.

True or False: When you prepay your insurance, your net worth decreases. Select one: True O False h

which one is correct please suggest? QUESTION 34 The effective rate of interest will always be ____ the nominal rate.   a. greater than   b. less than   c. equal to   d. equal to or greater than

To account for a down payment, adjust the _____ of the loan by subtracting it from the loan amount. O present value (pv) future value (fv) rate O type