Busy. Please wait.
or

show password
Forgot Password?

Don't have an account?  Sign up 
or

Username is available taken
show password

why

Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.

By signing up, I agree to StudyStack's Terms of Service and Privacy Policy.


Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.

Remove ads
Don't know
Know
remaining cards
Save
0:01
To flip the current card, click it or press the Spacebar key.  To move the current card to one of the three colored boxes, click on the box.  You may also press the UP ARROW key to move the card to the "Know" box, the DOWN ARROW key to move the card to the "Don't know" box, or the RIGHT ARROW key to move the card to the Remaining box.  You may also click on the card displayed in any of the three boxes to bring that card back to the center.

Pass complete!

"Know" box contains:
Time elapsed:
Retries:
restart all cards




share
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Unit # 5 vocab

Savings account vocabulary words

QuestionAnswer
Interest the cost of using $, either paid by banks to their depositors(the people who keep their $ in the bank) or paid by borrowers to the institution that provided their loans.
Compounding Interest Figuring interest earnings on both the original amount and any previous interest that has been added to the balance
Principle The amount of $ originally borrowed or still owned on which interest is charged; or the amount of $ deposited or credited on which interest is earned
Annual percentage yield The amount of interest that a deposit would earn after compounding for 1 year expressed as a percentage
Return earnings from a savings account or profit from an investment
Invest Committing $ to an enterprise in order to earn a return
Liquidity The ability of an asset(some you own) to be quickly and easily converted into cash
Variable changing
Fixed Stays the same
Simple interest Interest earned and paid out to the investor(you)
Created by: mouaX2