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Chk-Sav-Csh Vocab SG Matching
simple interest
Based on three factors: principal, rate, and time
principal
The amount of money earning interest in a savings account
total purchase price
The total selling price plus sales tax
unit pricing
A technique that allows shoppers to compare prices
check register
Assists you in keeping a record of your deposits and withdrawals
withdrawal
The money you take out of your bank, credit union, or brokerage firm
deposit
The money you put in the bank, credit union, or brokerage firm
markdown
Discount
savings account
A specific type of bank account which earns interest
interest
The amount of money paid for the use of a lender's money
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