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Definition
| Interest computed only on the principal |
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Definition
| Interest Figured on money deposited plus interest |
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Definition
| A method used to estimate the amount of time or interest it will take for savings to double in value. |
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Definition
| Earning that are free of certain |
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Term
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Definition
| savings or earnings that are not taxed until the funds are withdrawn. |
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Definition
| The rate of yearly earnings from an account, including compound interest. |
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Definition
| Money deposited for a set period of time that earns a set annual rate of interest. |
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Term
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Definition
| A savings tool that loans money to the U.S. government for a specified period of time.The bondholder is repaid with interest at the time of maturity. |
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