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is computed only on the principal or the amount of money originally deposited. |
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is figured on the money deposited plus the interst it earns. |
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to estimate the amount of time or interest it will take for your savings to double in value. |
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refers to earnings that are free of certain taxes. |
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refers to a type of savings in which taxes on principal and/ or earnings are not due until the funds are withdrawn. |
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is the rate of yearly earnings from an account, including compound interest. |
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requires you to deposit a given amount of money for a set period of time or term. |
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Term
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Definition
you are loaning the government money for a minimum of one year |
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