If the interest rate is 6\% per year, what is the present value (PV) of \$1,000 to be received in 3 years? (Assume annual compounding.)

What does the Annual Percentage Rate (APR) represent in the context of a 30-year loan?

Which of the following will increase the future value of an annuity, assuming all other factors remain constant?

Assume a project has the following cash flows: an initial investment of \(-\$10,000\) at time 0, and returns of \$4,000 at the end of each year for 4 years. If the discount rate is 12\%, what is the Net Present Value (NPV) of this project?

Which of the following best measures the risk or uncertainty associated with the time value of money in financial calculations?

Noah paid off a loan with a simple interest rate of 9.7\% for 4 months. What was the annual percentage rate (APR) for the loan?

What is the name for an infinite stream of constant payments occurring at regular time intervals?

Which of the following is the equivalent of \$300 received today, if the annual interest rate is 5\% compounded annually and the amount is to be received in 2 years?

What is the present value (PV) of the following set of cash flows, discounted at an annual rate of 8\%? \[\begin{align*}\text{Year 1:} & \quad \$1,000 \\\text{Year 2:} & \quad \$1,500 \\\text{Year 3:} & \quad \$2,000 \end{align*}\]Choose the closest answer.