What is a Time Line?

What is Future Value (FV)?

What is Present Value (PV)?

What is Compounding?

What is compound interest?

What is Simple Interest?

All other terms being equal, a shorter compound period yields...

Which is better, a present dollar or a future dollar? Why?

What is the difference between compound interest and simple interest?

What is opportunity cost?

What is discounting?

What is the formula for Future Value (FV)?

What is the formula for Present Value?

How is discounting related to compounding?

How are the future value and present value equations related?

How does to present value of a future payment change as the time to receipt is lengthened and as the interest rate increases?

What is the Rule of 72?

What is an annuity?

What is an Ordinary (Deferred) Annuity?

What is an Annuity Due?

True of False:
Financing a purchase with a load that requires scheduled payments of the same amount for a fixed period of time is considered an annuity.

True or False:
An annuity due is one in which payments or receipts occur at the beginning of each period.

Why would you prefer to receive an annuity due for $10,000 per year for 10 years than an otherwise similar ordinary annuity?