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Match the terminology to the definition. A discount allowed for a payment within the discount period. The price paid after the deduction of trade discounts. Any payment that is smaller than the amount required to fully settle a invoice. The original amount borrowed or invested. The property that a given nominal amount of money has different economic values on different dates. The interest rate used in calculating the present value of future cash flows. Promissory notes issued by large corporations to borrow funds for a short term. The stated annual interest rate on which the compound-interest calculation is based. The rate of interest earned in one compounding period. The equivalent annually compounded rate of interest. An annuity in which the payment interval does not equal the compounding interval, and payments are made at the end of each payment interval. The amount for which the lessee can purchase a leased vehicle at the end of the term of the lease. The total length of time over which equal regular payments will repay loan.

User Silny ToJa
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Answer:

1. Cash Discount

2. Net Price

3. Partial Payment.

4. Principle

5. List Price.

6. Discount Rate.

7. Commercial Paper.

8. Effective Interest Rate.

9. Periodic Interest rate.

10. Nominal Interest Rate.

11. Ordinary General Annuity.

12. Residual Value.

13. Amortization Period.

Step-by-step explanation:

1. A discount allowed for a payment within the discount period - Cash Discount

2. The price paid after the deduction of trade discounts - Net Price

3. Any payment that is smaller than the amount required to fully settle and invoice -Partial Payment.

4. The original amount borrowed or invested - Principle

5. The property that a given nominal amount of money has different economic values on different dates - List Price.

6. The interest rate used in calculating the present value of future cash flows - Discount Rate.

7. Promissory notes issued by large corporations to borrow funds for a short term - Commercial Paper.

8. The stated annual interest rate on which the compound interest calculation is based - Effective Interest Rate.

9. The rate of interest earned in one compounding period - Periodic Interest rate.

10. The equivalent annually compounded rate of interest - Nominal Interest Rate.

11. An annuity in which the payment interval does not equal the compounding interval, and payments are made at the each payment interval - Ordinary General Annuity.

12. The amount for which the lessee can purchase a leased vehicle at the end of the term of the lease - Residual Value.

13. The total length of time over which equal regular payments will repay a loan -Amortization Period.

User Soleno
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