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WorksheetsSaving Money
Total questions: 10
Worksheet time: 5mins
a savings account set up specifically to be used to cover financial emergencies
Emergency Fund
Large Purchase
Interest Rate
Accrued Interest
a purchase that requires a significant amount of money
Principal
Large Purchase
Compound Growth
Compound Interest
the percentage of principal charged by the lender for the use of its money
Inflation
Time Value of Money
Interest Rate
Rate of Return
the amount of interest charged on a debt but not yet collected; interest accumulates from the date a loan is issued
Interest Rate
Emergency Fund
Large Purchase
Accrued Interest
the average rate of growth for an investment over time; often expressed as an annual figure
Accrued Interest
Compound Interest
Compound Growth
Interest Rate
interest paid on interest previously earned
Interest Rate
Compound Interest
Compound Growth
Principal
the initial amount of money invested or borrowed
Principal
Rate of Return
Inflation
Time Value of Money
the measure of an investment’s profit or loss, usually expressed as a percentage of the initial investment
Interest Rate
Rate of Return
Emergency Fund
Large Purchase
the persistent rise in the cost of goods and services over time
Compound Growth
Compound Interest
Inflation
Accrued Interest
concept that an amount of money is worth more today than in the future due to earning potential
Principal
Rate of Return
Inflation
Time Value of Money
