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Road to a financial freedom
1st section in finance lesson
6
Finance
12th Grade
09/19/2012
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Term
Income
 Definition
Money received from  a job
Term
Money
 Definition
Medium of exchange for a good and service
Term
Interest
 Definition
The profit made on an investment
Term
Compound Interest
 Definition
Interest paid on the principal and on the accrued interest of the accumulated interest already earned
Term
Currency
 Definition
Synonym for money
Term
Compensation
 Definition
Synonym for income or earning money
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