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MMA Unit 6 Vocabulary Savings and Investment

Authored by Minot Edwards

Mathematics

11th Grade

CCSS covered

Used 4+ times

MMA Unit 6 Vocabulary Savings and Investment
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16 questions

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1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

a bank account similar to a checking account, except it accrues interest and there may be a cap on the number of withdrawals you can make in a month

Savings account

Checking account

Mutual Fund

Safety deposit box

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

interest that is calculated on the total amount owed, including previously accrued interest

Annual Percentage Rate

Compound Interest

Simple interest

Principle

Tags

CCSS.7.RP.A.3

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

a company that brings together money from many people and invests it in stocks, bonds or other assets

Checking account

Mutual Fund

Safety deposit box

Savings acccount

4.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

the original loan or investment amount

Deposit

Principle

Interest

Withdrawal

Tags

CCSS.7.RP.A.3

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

a certificate issued by a bank to a person depositing money for a specified length of time at a simple interest rate

Stock

Bond

Certificate of deposit

Share

Tags

CCSS.RI.9-10.4

CCSS.RI.9-10.4

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

money put into an account

Deposit

Withdrawal

Interest

Principle

Tags

CCSS.7.RP.A.3

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

taking money out of an account

Deposit

Withdrawal

Interest

Principle

Tags

CCSS.4.MD.B.4

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