an amount paid for the use of money for a period of time

What term means a set amount of money paid for a certain period of time. If interest is compounded multiple times.

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Money paid for the use of someone elses money.

. PV Present value original amount of money FV Future value i Interest rate per period n Number of periods beginaligned textPV. The percentage of an amount of money charged for its use per some period of time. Answers for An amount paid for the use of money for a period of time crossword clue 7 letters. An annuity is a series of equal cash flows that occur at regular intervals for a finite period of time.

A form of income in which an employee is paid a fixed amount of. What term means a set amount of money paid for a certain period of time. The proportion of the monthly payment that represents interest will be lower for the last payment than for the first payment on the loan. The number of time periods in this problem would be 9 12 108 months.

The amount of money that will reach once invested. It can also be thought of as the cost of not having money for one period or the amount paid on. It is the amount of money paid or received in excess of the money. The percentage of an amount of money charged for its use per some period of time.

Annuity A series of income payments of receipts over a period of years. Search for crossword clues found in the Daily Celebrity NY Times Daily Mirror Telegraph and. The interest rate per time period in this problem would be 15 100 12 0125 per month. Application A mortgage application requires borrowers to submit information regarding their.

A form signed by a buyer at the time of a sale of merchandise in which the buyer promises to pay the seller a specified sum of money usually at a stated time in the future Trade discount A. The total amount of money an employee earns in a pay period. A set amount of money paid for a certain period of time. Average paid use period is calculated per taxable.

A set amount of pay for every hour of work. Very formal an amount of money that is paid from a fund an amount of money available for a particular purpose. See answer 1 Best Answer. These are essentially a series of constant cash flows that are received at a specified frequency.

Payment people receive when they lend money or allow someone else to use their money. If you are presented with an offer to accept payment now or a greater amount in the future you would use assuming you can invest the money at a known rate present value of 1 As the. Promissory notes signed by a business and given to a creditor interest an amount paid for the use of money for a period of time maturity value the amount that is due on the maturity date. Setting aside income for a.

A set amount of money paid for a certain period of time. PV FV 1 i n where. Average paid use period means the total time a lessors vehicles are rented or leased divided by the total number of rentals entered into. Setting aside income for a period of time so that it can be used later.

The amount paid toward interest in the first. FV 1 1in or FV Ix FV Factor or FV PV 1in. Divided interest by 4.