Podcast
Questions and Answers
What does the Time Value of Money concept mean?
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?
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?
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?
What does a Financial Instrument represent?
What is the purpose of Public Finance?
What is the purpose of Public Finance?