Mo' Money, Mo' Problems | Concepts | Random |
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$1611
Jah has $1000, and he invest it for 5 years at an interest rate of 10%. How much will he have?
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more.
What is the value of a dollar tomorrow compared to today?
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Compounding
Interest on top of interest is called what?
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$10922.36
The Burger King wants to invest his money. How much will he have, in 5 years at a rate of 7%, with a principal of $7785?
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Someone who invest early.
Who would have more money, someone who starts investing early, or later on?
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Interest
What is the time value of money based off of?
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$3560
The President of Kyrgyzstan wants to have $5000 in 3 years at a rate of 12%. What would his principal be?
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Interest on top of interest.
What is compounding?
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False
True or false: You have many freedoms in tax filing methods.
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$8373.75
Sydney has $4350, and he invest it for 5 years at an interest rate of 14%. How much would she have?
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How much a dollar is worth tomorrow compared to today.
What is the future value of money?
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Net Worth
Assets minus liabilities equals
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$845.64
Boris needs to pay back the mafia. He needs $3480, and his interest rate is 17% for 9 years. What will his principal be?
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The process of obtaining the present value of money.
What is discounting?
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Cash Flow Statement
Cash inflows and cash outflows are used in what?
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