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Add to cartWhat is finance?
Finance is the study of how individuals, businesses, and governments allocate resources over time.
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What are the three main areas of finance?
The three main areas of finance are personal finance, corporate finance, and public finance.
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What is personal finance?
Personal finance is the management of an individuals financial resources, including budgeting, saving, investing, and retirement planning.
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What is corporate finance?
Corporate finance is the management of a companys financial resources, including capital budgeting, financial analysis, and risk management.
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What is public finance?
Public finance is the study of how governments raise and spend money, including taxation, public expenditure, and debt management.
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What is the time value of money?
The time value of money is the concept that money today is worth more than the same amount in the future due to its earning potential.
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What is compound interest?
Compound interest is interest that is calculated on both the initial principal and the accumulated interest from previous periods.
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What is the difference between simple interest and compound interest?
Simple interest is calculated only on the initial principal, while compound interest is calculated on both the initial principal and the accumulated interest.
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Create quizThis set of questions is designed to test your knowledge and understanding of finance. Each question is followed by an answer to help you learn and review key concepts in finance.
32 questions
English
07-14-2023
University / Cambridge University / Business Administration / Economy