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HHS Fin Math

Total questions: 10

Worksheet time: 10mins

Name
Class
Date
1.

the interest rate charged, expressed as a percent per year, for the use of credit

(a)  

2.

– possessions that have economic value (some of which may provide an economic and/or financial return)

(a)  

3.

automated teller machine; an ATM allows bank customers to deposit and withdraw money without the direct assistance of a bank employee.

(a)  

4.

a company chartered by state or federal government to offer numerous financial services, such as checking and savings accounts, loans and safe-deposit boxes; the Federal Deposit Insurance Corporation (FDIC) insures accounts in federally chartered banks and most state chartered banks.

(a)  

5.

a certificate of indebtedness issued by a government or a company, promising to repay borrowed funds to the lender at a fixed rate of interest and at predetermined intervals

(a)  

6.

– a plan to manage income, spending and saving

(a)  

7.

– a profit realized from the sale of property, stocks or other investments

(a)  

8.

money in the form of paper currency or coins

(a)  

9.

– a form of check bought for a specific amount and paid to a person or firm named on the check. People pay a fee for a cashier's check. A cashier's check cannot bounce because full payment is needed prior to a cashier's check being issued.

(a)  

10.

a certificate issued by a bank to a person depositing money in an account for a specified period of time. A penalty is charged for early withdrawal from most CD accounts.

(a)