FM Chp. 3 Vocab
Flashcard
•
Mathematics
•
9th - 12th Grade
•
Hard
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10 questions
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1.
FLASHCARD QUESTION
Front
Initial amount invested or borrowed.
Back
Principal
2.
FLASHCARD QUESTION
Front
Savings account for financial emergencies.
Back
Emergency Fund
3.
FLASHCARD QUESTION
Front
Money's value today vs. future.
Back
Time Value of Money
4.
FLASHCARD QUESTION
Front
Average growth rate of an investment over time.
Back
Compound growth
5.
FLASHCARD QUESTION
Front
Persistent rise in the cost of goods and services.
Back
Inflation
6.
FLASHCARD QUESTION
Front
Interest charged on a debt but not yet collected.
Back
Accrued Interest
7.
FLASHCARD QUESTION
Front
Percentage of principal charged by lender for money use.
Back
Interest Rate
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