WorksheetsSV Personal Finance Chapter 2
Total questions: 27
Worksheet time: 17mins
Interest paid on interest previously earned:
Compound interest
Interest
Compound verb
Compound investment
Percentage paid to a lender for the use of borrowed money, or the percentage earned on invested principal:
Savings rate
Interest rate
Compound interest
TV Ratings
a plastic card used to buy goods or services using debt
Credit Score
Credit Card
Debt Collector
Grant
A program that allows students to work part-time while in college.
Student Loan
Scholarship
Lender
Work Study
One of the biggest mistakes people make is
going to a regular bank
going into debt
going to the grocery store too often
going to a community college rather than a college/university
Choose a school that you can________________.
afford
have fun at
get the best friends
closest to home
Financial aid that does not need to be repaid; awarded on the basis of academics, athletics, achievement, or other criteria
Student Loan
Grant
Scholarship
Work Study
An account that generates interest income on the available balance in the account
Interest Bearing Account
Compound Interest
Simple Interest
Inflation
Calculate the compound interest for this problem. $1,000 at 6% interest for 3 Years.
$969.39
$1,180.00
$1,191.02
$1,881.60
