WorksheetsCh 3 Vocab - Saving Money
Total questions: 10
Worksheet time: 5mins
A savings account set up specifically to be used to cover financial emergencies.
Accrued Interest
Interest Rate
Emergency Fund
Compound Interest
Interest paid on interest previously earned.
Inflation
Compound Interest
Compound Growth
Interest Rate
The measure of an investment's profit or loss, usually expressed as a percentage of the initial investment.
Compound Interest
Time Value of Money
Interest Rate
Rate of Return
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
Large Purchase
Emergency Fund
Accrued Interest
The percentage of principal charged by the lender for use of its money.
Compound Interest
Rate Of Return
Time Value Of Money
Interest Rate
The initial amount of money invested or borrowed.
Compound Interest
Inflation
Interest Rate
Principal
The amount of interest charged on a debt but not yet collected; interest accumulates from the date a loan is issued.
Interest Rate
Accrued Interest
Compound Interest
Large Purchase
Concept that an amount of money is worth more today than in the future due to earning potential.
Rate of Return
Compound Interest
Inflation
Time Value of Money
The persistent rise in the cost of goods and services over time.
Inflation
Recession
Time Value Of Money
Compound Growth
