I-Learn_ Spring 2015 - MATH 100L 16 (Pathway)



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Download I-Learn_ Spring 2015 - MATH 100L 16 (Pathway)
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  1 In some cases Excel will allow you to make these calculations   math problemscomputer problems  Score: 1 of 1 2 Nper   stands for Number of Periods  Score: 1 of 1 3 PV  stands for Present Value  Score: 1 of 1 4 The more frequently  interest is added to your savings, the more interest you will earn  oftenonce or twiceseldomalways  Score: 1 of 1 5 The interest rate compounded monthly versus  annually  andwithalongsideopposed to  Score: 1 of 1 6 Savings plan formula for a lump sum   one large paymentseveral smaller paymentsone small paymentseveral large payments 7  A savings plan that begins with a balance  and then is added to by a payment  surplusfairnessamount of moneysmall number  8 However, for a loan , the payment will be negative  gift of moneyborrowed moneystolen moneyearned money   Score: 1 of 1 9 When you borrow money, the benefits may seem great at the moment, but thefinancial bondage  is terrible  paindifficultyslaveryfreedom  Score: 1 of 1 10 The amount deposited  in savings  put intaken outborrowedearned  Score: 1 of 1 11 You are wealthier   because you collected interest rather than paying interest  happier poorer hungrier richer   Score: 1 of 1 12 By investing it for your retirement  you will add greatly to your independent wealth  futuretime when you start workingtime when you stop workingpersonal business  Score: 1 of 1