The dangers of Debt vocabulary
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| Annual Fee | fee charged by a credit card company for the use of their credit card.
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| Annual Percentage Rate (APR) | cost of borrowing money on an annual basis; takes into account the interest rate and other related fees on a loan
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| Credit | money owed
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| Debt Snowball | preferred method of debt repayment; includes a list of all debts organized from smallest to largest balance; minimum payments are made to all debts except for the smallest, which is attacked with the largest possible payments.
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| Depreciation | a decline in the value of property; the opposite of appreciation
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| Tax Deduction | : expense that a taxpayer is allowed to deduct from taxable income; examples include money paid as home mortgage interest and charitable contributions
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You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
mgarda
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