Personal Finance: Savings Vocab
Authored by Ashley Hansen
Mathematics
12th Grade - University
CCSS covered
Used 47+ times
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17 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
the amount of interest charged on a debt but not yet collected; interest accumulates from the date a loan is issued
Accrued Interest
Compound Interest
Interest Rate
Compound Growth
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
The percentage of principal charged by the lender for use of money
Interest Rate
Murphy’s Law
Principal
Large Purchase
Tags
CCSS.7.RP.A.3
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
Interest paid on interest previously learned
Compound Interest
Interest Rate
Inflation
Rate of Return
Tags
CCSS.8.EE.C.7B
4.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A savings account set specifically to be used to cover financial emergencies
First Foundation
Emergency Fund
Fifth Foundation
Principal
5.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
The average rate of growth for an investment over time; often expressed an annual figure
Rate of Return
Interest Rate
Compound Growth
Compound Interest
Tags
CCSS.HSF-IF.C.8B
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A purchase that requires a significant amount of money
Time Value of Money
Second Foundation
Principal
Large Purchse
Tags
CCSS.8.EE.A.2
7.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
The initial amount of money invested or borrowed
Principal
Time Vale of Money
Rate of Return
Accrued Interest
Tags
CCSS.7.RP.A.3
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