Answers+to+Concepts+Questions_Chapter+6 - Answers to...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Answers to Concepts Questions: Chapter 6 Match the information below with Questions 1 through 16. A. Compound Interest E. IPMT I. Payback Period M. RATE B. Type F. IRR J. PMT N. ROI C. CUMPRINC G. NPER K. PPMT O. Simple Interest D. FV H. NPV L. PV P. SLN 1. O Interest calculated based on original principal regardless of the previous interest earned. 2. A _Interest calculated based on previous interest earned and principal. 3. M Function to calculate the interest percentage per period of a financial transaction 4. L Function to calculate the value at the beginning of a financial transaction 5. D Function to calculate value of the end of a financial transaction 6. J Function to calculate periodic payments in or out of a financial transaction 7. B When 0, indicates that payments will be made at the end of each compounding period 8. G Function to calculate the number of compounding periods 9. P Function to calculate straight line depreciation based on the initial capital investment, number of years to be depreciated, and salvage value
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 04/06/2010 for the course ACCT acct4331 taught by Professor Green during the Spring '10 term at University of Houston - Downtown.

Page1 / 2

Answers+to+Concepts+Questions_Chapter+6 - Answers to...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online