Savings and investing vocab
Flashcard
•
Mathematics, Business, Life Skills
•
11th - 12th Grade
•
Hard
Wayground Content
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14 questions
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1.
FLASHCARD QUESTION
Front
Interest on principal + accrued interest.
Back
Compound interest
2.
FLASHCARD QUESTION
Front
Time for money to double when invested.
Back
Rule of 72
3.
FLASHCARD QUESTION
Front
Chance taken when investing.
Back
Risk
4.
FLASHCARD QUESTION
Front
Saving accounts can be easily converted to spendable money, so it is...
Back
Liquidity
5.
FLASHCARD QUESTION
Front
401K is a work-sponsored...
Back
Retirement plan
6.
FLASHCARD QUESTION
Front
Saving a portion of your monthly earnings as a discipline.
Back
pay yourself first rule
7.
FLASHCARD QUESTION
Front
A pool of money invested by professionals into stocks with medium risk.
Back
mutual finds
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