Ch 10,11,12 - Investing Notes #1 Review

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Which of these is NOT a reason to invest your money

• Earn or grow money
• save for major expenses
• save for retirement
• to lose money

The amount of money that you invest or borrow is called

• Bond
• Principal
• Interest
• Cash Advance

The amount of money that you EARN on an investment is

• Principal

• Bond

• Savings

• Interest

APR stands for

• Average Percentile Rate
• Annual Percentage Rate
• Amicable Portion Ration
• Annual Percentile Rankings

Simple Interest is calculated

• 1 time per year
• Monthly
• Semi-Monthly
• Daily

Interest on top of Interest is...

• Simple
• Average
• Compound
• Double

You earn the most when interest is calculated

• daily
• weekly
• monthly
• annually

The first account a young adult should use to invest is

• Savings
• Checking
• CD
• Money Market

Money you put in savings or a CD earns interest. Most earned interest is

• tax exempt
• taxable
• never taxed
• depreciated