{"id":106,"date":"2024-01-09T08:19:10","date_gmt":"2024-01-09T08:19:10","guid":{"rendered":"https:\/\/openbook.ums.edu.my\/financialmathematicsineconomics\/chapter\/5-7-key-terms\/"},"modified":"2024-09-25T08:37:47","modified_gmt":"2024-09-25T08:37:47","slug":"5-7-key-terms","status":"publish","type":"chapter","link":"https:\/\/openbook.ums.edu.my\/financialmathematicsineconomics\/chapter\/5-7-key-terms\/","title":{"raw":"5.7 Key Terms","rendered":"5.7 Key Terms"},"content":{"raw":"[pb_glossary id=\"173\"]Annuity[\/pb_glossary]\r\n\r\n[pb_glossary id=\"175\"]Annuity due[\/pb_glossary]\r\n\r\n[pb_glossary id=\"177\"]Future value[\/pb_glossary]\r\n\r\n[pb_glossary id=\"179\"]Ordinary annuity[\/pb_glossary]\r\n\r\n[pb_glossary id=\"147\"]Present value[\/pb_glossary]","rendered":"<p><a class=\"glossary-term\" aria-haspopup=\"dialog\" aria-describedby=\"definition\" href=\"#term_106_173\">Annuity<\/a><\/p>\n<p><a class=\"glossary-term\" aria-haspopup=\"dialog\" aria-describedby=\"definition\" href=\"#term_106_175\">Annuity due<\/a><\/p>\n<p><a class=\"glossary-term\" aria-haspopup=\"dialog\" aria-describedby=\"definition\" href=\"#term_106_177\">Future value<\/a><\/p>\n<p><a class=\"glossary-term\" aria-haspopup=\"dialog\" aria-describedby=\"definition\" href=\"#term_106_179\">Ordinary annuity<\/a><\/p>\n<p><a class=\"glossary-term\" aria-haspopup=\"dialog\" aria-describedby=\"definition\" href=\"#term_106_147\">Present value<\/a><\/p>\n<div class=\"glossary\"><span class=\"screen-reader-text\" id=\"definition\">definition<\/span><template id=\"term_106_173\"><div class=\"glossary__definition\" role=\"dialog\" data-id=\"term_106_173\"><div tabindex=\"-1\"><p>A sequence of equal payments made at equal periods of time.<\/p>\n<\/div><button><span aria-hidden=\"true\">&times;<\/span><span class=\"screen-reader-text\">Close definition<\/span><\/button><\/div><\/template><template id=\"term_106_175\"><div class=\"glossary__definition\" role=\"dialog\" data-id=\"term_106_175\"><div tabindex=\"-1\"><p>An annuity whose periodic payments are paid at the  beginning of each payment period.<\/p>\n<\/div><button><span aria-hidden=\"true\">&times;<\/span><span class=\"screen-reader-text\">Close definition<\/span><\/button><\/div><\/template><template id=\"term_106_177\"><div class=\"glossary__definition\" role=\"dialog\" data-id=\"term_106_177\"><div tabindex=\"-1\"><p>The total value of the set of payments at the end of the term<\/p>\n<\/div><button><span aria-hidden=\"true\">&times;<\/span><span class=\"screen-reader-text\">Close definition<\/span><\/button><\/div><\/template><template id=\"term_106_179\"><div class=\"glossary__definition\" role=\"dialog\" data-id=\"term_106_179\"><div tabindex=\"-1\"><p>An annuity whose periodic payments are made at the end of the time period.<\/p>\n<\/div><button><span aria-hidden=\"true\">&times;<\/span><span class=\"screen-reader-text\">Close definition<\/span><\/button><\/div><\/template><template id=\"term_106_147\"><div class=\"glossary__definition\" role=\"dialog\" data-id=\"term_106_147\"><div tabindex=\"-1\"><p>The amount of money at the beginning of a time period in a transaction.<\/p>\n<\/div><button><span aria-hidden=\"true\">&times;<\/span><span class=\"screen-reader-text\">Close definition<\/span><\/button><\/div><\/template><\/div>","protected":false},"author":43,"menu_order":7,"template":"","meta":{"pb_show_title":"on","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"chapter-type":[49],"contributor":[],"license":[54],"class_list":["post-106","chapter","type-chapter","status-publish","hentry","chapter-type-numberless","license-cc-by-sa"],"part":90,"_links":{"self":[{"href":"https:\/\/openbook.ums.edu.my\/financialmathematicsineconomics\/wp-json\/pressbooks\/v2\/chapters\/106","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/openbook.ums.edu.my\/financialmathematicsineconomics\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/openbook.ums.edu.my\/financialmathematicsineconomics\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/openbook.ums.edu.my\/financialmathematicsineconomics\/wp-json\/wp\/v2\/users\/43"}],"version-history":[{"count":2,"href":"https:\/\/openbook.ums.edu.my\/financialmathematicsineconomics\/wp-json\/pressbooks\/v2\/chapters\/106\/revisions"}],"predecessor-version":[{"id":189,"href":"https:\/\/openbook.ums.edu.my\/financialmathematicsineconomics\/wp-json\/pressbooks\/v2\/chapters\/106\/revisions\/189"}],"part":[{"href":"https:\/\/openbook.ums.edu.my\/financialmathematicsineconomics\/wp-json\/pressbooks\/v2\/parts\/90"}],"metadata":[{"href":"https:\/\/openbook.ums.edu.my\/financialmathematicsineconomics\/wp-json\/pressbooks\/v2\/chapters\/106\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/openbook.ums.edu.my\/financialmathematicsineconomics\/wp-json\/wp\/v2\/media?parent=106"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/openbook.ums.edu.my\/financialmathematicsineconomics\/wp-json\/pressbooks\/v2\/chapter-type?post=106"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/openbook.ums.edu.my\/financialmathematicsineconomics\/wp-json\/wp\/v2\/contributor?post=106"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/openbook.ums.edu.my\/financialmathematicsineconomics\/wp-json\/wp\/v2\/license?post=106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}