Chapter 8 Word Scramble
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| Term | Definition |
| Bond | A written promise to pay a debt by a specified date |
| Certificate of Deposit | A deposit in a savings institution that earns a fixed interest rate for a specified period of time |
| Compound Interest | Interest paid on the principal and also on previously earned interest, assuming that the interest is left in the account |
| Dividend | Portion of a company's profits paid to the owners |
| Principal (Savings) | Money on deposit |
| Simple Interest | Interest paid one time per year at the end of the year on the average balance in the savings account |
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