Economics - Personal Finance
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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| Mortgage | show 🗑
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| show | the initial amount invested or borrowed
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| Income | show 🗑
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| show | money owed by a person or business
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| Credit | show 🗑
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| Credit Score | show 🗑
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| Interest Rate | show 🗑
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| show | payment percentage rate for use of money borrowed that does not change over the life of the loan
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| show | payment percentage rate for use of money borrowed that fluctuates over time based on changes in interest rates
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| Compound Interest | show 🗑
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| show | an agreed upon amount of time in which borrowers pay back loan
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| Equity | show 🗑
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| show | property owned by a person or company that has value
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| show | asset that can be quickly converted to cash while keeping its market value
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| Annual Percentage Rate (APR) | show 🗑
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| show | savings account that holds a fixed amount of money for a fixed period of time in exchange for gaining interest
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| show | pools money from many investors and invests the money in stocks, bonds, and/or short-term debt
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| show | investor lends money to company or government for set period of time in exchange for regular interest payments
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| Credit Union | show 🗑
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| show | short-term, high interest loans based on your income and ability to pay back quickly
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| Insurance | show 🗑
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| show | amount of money insured person must pay before insurance policy starts paying for covered expenses
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| show | the amount you pay each month or year to keep your insurance policy active
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| Gross Income | show 🗑
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| Net Income | show 🗑
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| Withholdings | show 🗑
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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:
ddenson80
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