Personal Finance Key Terms Ch. 2
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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Compound Interest | Interest paid on interest previously earned; credited daily, monthly, quarterly or semiannually
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Emergency fund | Five hundred dollars in readily available cash to be sued only in the event of an emergency; the goal of the First Foundation
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Interest rate | Percentage paid to a lender for the use of borrowed money (in debt); percentage earned on invested principal (in investing)
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Five Foundations | the five steps to financial success
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Sinking fund | saving money over time for a large purchase
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To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
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:
Ms.Sala
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