READING VERIFICATION FORM
Chapter 6
Spiceland and Sepe

1. What is the difference between present value and future value?
 
 
 
 
 
 
 
 
 
 
 

2. What is the difference between simple interest and compound interest?
 
 
 
 
 
 
 
 
 
 
 

3. What is the difference between an ordinary annuity and an annuity due?
 
 
 
 
 
 
 
 
 
 
 

4. What is a deferred annuity?
 
 
 
 
 
 
 
 
 
 

This page is maintained by Dr. Susan Lynn. It was last updated on January 30, 2002.