WorksheetsCh 3 Vocab - Saving Money
Total questions: 10
Worksheet time: 3hrs 30mins
A savings account set up specifically to be used to cover financial emergencies.
Emergency Fund
Compound Interest
Interest Rate
Accrued Interest
Interest paid on interest previously earned.
Inflation
Interest Rate
Compound Interest
Compound Growth
The measure of an investment's profit or loss, usually expressed as a percentage of the initial investment.
Compound Interest
Rate of Return
Interest Rate
Time Value of Money
The average rate of growth for an investment over time; often expressed as an annual figure
Inflation
Compound Growth
Interest Rate
Compound Interest
A purchase that requires a significant amount of money
Time Value Of Money
Emergency Fund
Accrued Interest
Large Purchase
The percentage of principal charged by the lender for use of its money
Interest Rate
Compound Interest
Time Value Of Money
Rate Of Return
The initial amount of money invested or borrowed
Inflation
Principal
Compound Interest
Interest Rate
The amount of interest charged on a debt but not yet collected; interest accumulates from the date a loan is issued
Accrued Interest
Large Purchase
Compound Interest
Interest Rate
Concept that an amount of money is worth more today than in the future due to earning potential
Rate of Return
Inflation
Compound Interest
Time Value of Money
The persistent rise in the cost of goods and services over time
Recession
Inflation
Compound Growth
Time Value Of Money
