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vocab flash cards

vocabulary flash cards from projects 17-19

TermDefinition
Principal initial sum of money borrowed in a loan or invested
Balance net amount of money in a financial account or the remaining amount owed on a debt
Payment outflow of money or assets from one party to another to settle a debt or pay for goods/services
Interest Rate percentage cost of borrowing money or the return earned on savings/investments, representing the price for using money over time
Minimum Payment smallest amount due on a revolving credit account
Withdrawals act of taking funds out of a financial account for use
Created by: user-2017352
 

 



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