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6 Cards in this Set

  • Front
  • Back
Compound Interest
Interest computed on the amount saved plus the interest previously earned
Investing
Using your savings to earn more money for you
Liquidity
The ease with which an investment can be changed into cash without losing any of its value
Savings Plan
Putting money away in a systematic way to help reach a financial goal
Simple Interest
Interest that is computed only on the amount saved or invested (the principal)
Yield
The percentage of interest that will be added to your savings over a period of time