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Money recieved today is worth more than the same amount of money received sometime in the future is
Finance charge
2%
credit unions
Rising interest rates can result in lower business profits.
received today is worth more than the same amount of money received in the future.
a long-term, fixed rate certificate of deposit
Notify the lending institution about state usury laws.
the time value of money
Lamar believes that interest rates are going to fall in the near future and remain low for a considerable period of time. She should invest in:
Finance charge
2%
credit unions
Rising interest rates can result in lower business profits.
received today is worth more than the same amount of money received in the future.
a long-term, fixed rate certificate of deposit
Notify the lending institution about state usury laws.
the time value of money
If a person has $1,000 in a savings account and earns $20 a year in interest on that account, the rate of return on the money is close to
Finance charge
2%
credit unions
Rising interest rates can result in lower business profits.
received today is worth more than the same amount of money received in the future.
a long-term, fixed rate certificate of deposit
Notify the lending institution about state usury laws.
the time value of money
Why might rising interest rates depress stock prices?
Finance charge
2%
credit unions
Rising interest rates can result in lower business profits.
received today is worth more than the same amount of money received in the future.
a long-term, fixed rate certificate of deposit
Notify the lending institution about state usury laws.
the time value of money
The amount a lender charges to borrow money is
Finance charge
2%
credit unions
Rising interest rates can result in lower business profits.
received today is worth more than the same amount of money received in the future.
a long-term, fixed rate certificate of deposit
Notify the lending institution about state usury laws.
the time value of money
The time value of money refers to the concept that money:
Finance charge
2%
credit unions
Rising interest rates can result in lower business profits.
received today is worth more than the same amount of money received in the future.
a long-term, fixed rate certificate of deposit
Notify the lending institution about state usury laws.
the time value of money
Which type of financial institution usually pays the highest rate of interest on savings account balances?
Finance charge
2%
credit unions
Rising interest rates can result in lower business profits.
received today is worth more than the same amount of money received in the future.
a long-term, fixed rate certificate of deposit
Notify the lending institution about state usury laws.
the time value of money
What should a person do when he believes he is being charged too high a rate of interest for a loan by a lending insitution?
Finance charge
2%
credit unions
Rising interest rates can result in lower business profits.
received today is worth more than the same amount of money received in the future.
a long-term, fixed rate certificate of deposit
Notify the lending institution about state usury laws.
the time value of money
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