Multiple Choice Questions
The interest payment in an amortization schedule is calculated from?
A specific type of income stream characterized by equal periodic payments over its life is called what?
Another term for a real estate borrower is called what?
According to time value of money, receiving a dollar in 3 years from now is better than a year from now.
IRR defines the discount rate where the NPV equals 0.
Always accepting a positive PV.
The annuity in an amortization schedule is variable.
NPV and IRR are used to make investment decisions.
b) d) b)
False, True, True, False, True