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