FIN 300 - Test #2This is a study guide ONLY and is only meant to assist you in preparation for thetest. lt does not take the place of you reading the appropriate textbookchapters and items posted on Canvas or attending class. lt should cover most ofthe material on the test. However, I reserve the right to ask additionalquestions from all materialcovered in class, assigned as reading Canvas itemsand written homework.It'lt be a combination of multiple choice and mathematical calculations. Bringyour student lD or a picture form of identification. Bring pencils and acalculator. NO notes. l'll provide the Scantrons.Review the following:Chapter 5 - The Time Value of Monev. The Time Value of Money. (Know the definition and concept).. Future value. (Know the definition and concept, and how to calculatethis. You will be given the formula|. Single period investment, Two period investment. Principal. Simple interest, Compound interest, lnterest on interest. Compoundingo Present vatue.