Finance and Cash Flow Quiz
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Questions and Answers

What does the Time Value of Money concept mean?

  • Money today is worth more than money tomorrow (correct)
  • Money tomorrow is worth more than money today
  • Money today and tomorrow have different values
  • Money today and tomorrow have the same value

    • Which term refers to matters regarding the management, creation, and study of money investment and other financial instruments?

  • Financial Instrument
  • Finance (correct)
  • Time Value of Money
  • Interest Rate

    • What does the Interest Rate represent?

  • The amount charged over and above the principal amount by the lender from the borrower (correct)
  • The total amount of money borrowed by the lender from the borrower
  • The principal amount borrowed by the lender from the borrower
  • The amount that the borrower has to pay back to the lender

    • What does a Financial Instrument represent?

    <p>A real or virtual document representing a legal agreement involving any kind of monetary value</p> Signup and view all the answers

    What is the purpose of Public Finance?

    <p>To raise money, spend money, and analyze the effects of these activities on the economy and society</p> Signup and view all the answers

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