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savings
savings
8
Finance
9th Grade
03/19/2012
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Term
compound interest
 Definition
interest figured on money deposited plus interest
Term
simple interest
 Definition
interest computed only on the principal
Term
ruke of 72
 Definition
estimate the amount that interest would averge to double
Term
tax exempt
 Definition
when you exempt from payn taxes
Term
tax defferd
 Definition
to defer from taxes
Term
annual percentage yeild
 Definition
the rate of yearly earnings from an account
Term
cerificate of deposit
 Definition
money deposited for a setannual rate
Term
u.s saving bonds
 Definition
a saving tool that save money
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