Match the following terms with the description below. Annuity Compound interest [Choose ] A...
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Match the following terms with the description below. Annuity Compound interest [Choose ] A series of equal payments made over equal time periods. The amount of money that accumulates at some future date as a result of making equal payments over equal intervals of time and The amount of money that, if invested at some rate of interest today, will generate a set number of equal periodic payments that are made The process of adding interest to principal for purposes of interest calculation. The amount that $1 becomes at a future date, if invested at a specified annual interest rate and compounded a certain number of times Interest borrowed only on the amount borrowed. Interest that is based on a principal amount that includes interest from previous time periods. The amount that, if invested today at some compound interest rate for a specified period of time, will equal $1 at the end of that time [Choose] Compounding Future value of an annuity [Choose] Future value of the amount of $1 [Choose] Present value of an annuity [Choose] Present value of the amount of $1 Choose Simple interest [Choose]
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