4.) This refers to the number of years for which the money is borrowed or invested. A. Conversion period C. Principal B. Interest rate D. Time 5.) An interest resulting from the periodic addition of...

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4.) This refers to the number of years for which the money is borrowed or invested.<br>A. Conversion period<br>C. Principal<br>B. Interest rate<br>D. Time<br>5.) An interest resulting from the periodic addition of simple interest to the principal amount.<br>A. Compound amount<br>B. Compound interest<br>C. Interest rate<br>D. Simple interest<br>6.) What is the formula in computing the present value of Fin a financial transaction involving<br>compound interest?<br>A. = F(1 +i)<br>C. P = (1 – i)*<br>B. = F(1+i)

Extracted text: 4.) This refers to the number of years for which the money is borrowed or invested. A. Conversion period C. Principal B. Interest rate D. Time 5.) An interest resulting from the periodic addition of simple interest to the principal amount. A. Compound amount B. Compound interest C. Interest rate D. Simple interest 6.) What is the formula in computing the present value of Fin a financial transaction involving compound interest? A. = F(1 +i) C. P = (1 – i)* B. = F(1+i)" D. P = (1- i)"

Jun 04, 2022

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4.) This refers to the number of years for which the money is borrowed or invested. A. Conversion period C. Principal B. Interest rate D. Time 5.) An interest resulting from the periodic addition of...

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