MGT 100 - Checking & Savings

Front

accounts that provide a safe place to store money with conservative interest.

Back

savings account

Front

electronic subtraction of the amount of purchase from your bank account

Back

debit card

Front

We save for all of the following reasons except: Emergencies, purchases, wealth building, loan payments

Back

loan payments

Front

immediate purchasing power exchanged for the promise to repay the borrowed money

Back

credit

Front

Money earned on Money

Back

interest

Front

Which is NOT one of the 3 C's of Credit: Character, Capacity, Collateral, Capital?

Back

Collateral

Front

Interest rate that must be legally listed to compare among different products.

Back

APR