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WorksheetsSavings and investing vocab
Total questions: 14
Worksheet time: 7mins
The interest calculated on both the principal and the accrued interest.
Simple Interest
Compound interest
IRA
Rule of 72
The amount of time it takes for money to double in value when invested.
Rule of 2
Maturity date
Rule of 72
Expenditure rate
The chance you take when you invest.
Risk
Interest
loss
growth
Saving accounts can be easily converted to spendable money so it is...
Mutual funds
high growth rate
Liquidity
solidity
401K is a work-sponsored...
IRA
Retirement plan
Government bond
investment into your work stock
Taking a certain amount of money you earn monthly and putting it into saving, as a discipline
rule of 72
pay yourself first rule
being an adult
rule of return
A pool of money invested by professions into a group of stocks. WIth medium risk
High end stocks
mutual finds
savings account
IRA
Shares in a company a part ownership in a specific company.
Stocks
bonds
certificates
asset
An account for unexpected expenses: such as car break down, surgery, the new roof needed on the home.
investments
emergency fund
rations
quick loans
The amount of money paid or earned for the use of money.
Simple interest
rate of return
compound interest
debt
a self-funded retirement plan that allows you to contribute a limited yearly sum toward your retirement
IRA
bonds
401K
IST
The federal corp that insures your money in qualified institutions.
FDUC
FDIC
SDIC
DFCC
Something you own of value
Asset
Goals
liability
debt
Which is a reason to set financial goals?
to buy a home
eduction
retirement
vacation
All of the above
