Using Money

Dept

• money lent for a certain amount of time and at a certain interest rate

• money owed

statement

• summary of bank account or credit card activity

• statement of money owed for goods or services

Checking Account

• borrowed money

• bank account used for spending

credit

• fee for borrwing money (extra charge)

• borrowed money

loan

• bank account used for spending

• money lent for a certain amount of time and at a certain interest rate

interest

• fee for borrwing money (extra charge)

• money owed

interest rate

• to take money out of an bank account

• percentage owed when borrowing money / an extra fee or charge