An example of a need is:
- Food
- A BMW
- A mansion
- Nike shoes
Personal Finance

Flashcard
•
Geography
•
6th Grade
•
Hard
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25 questions
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1.
FLASHCARD QUESTION
Front
Back
Food
2.
FLASHCARD QUESTION
Front
An arrangement by which a buyer can take possession of something now and pay for it in the future, usually with interest.
Back
Credit
3.
FLASHCARD QUESTION
Front
a home loan
Back
Mortgage
4.
FLASHCARD QUESTION
Front
Money taken in; the source could be a gift or prize, money earned from performing a task, an allowance, earnings at a job, or earnings from an investment
Back
Income
5.
FLASHCARD QUESTION
Front
Money paid regularly by a bank to the account holder for money being saved
Back
Interest
6.
FLASHCARD QUESTION
Front
Money set aside now in order to grow money for the future
Back
Investment
7.
FLASHCARD QUESTION
Front
Interest is:
Back
The cost of borrowing money
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