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POBF4.03
savings and investment
| Question | Answer |
|---|---|
| Which type of interest allows interest to be earned on interest? | compound |
| allows you to put money aside for emergencies | savings |
| What will this calculate: I=PRT | simple interest |
| stock that pays dividends first | preferred |
| stock that has voting rights | common |
| People who buy and sell stocks for their clients | stockbroker |
| most common stock exchange | NYSE |
| a unit of ownership in a company | stock |
| IOU sold by the government or corporation | bond |
| amount of a product that consumers want to purchase | demand |
| amount of a product that suppliers want to produce | supply |