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Computed only on the principal or the amount of money orginally deposited |
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is figured on the money deposited plus the interest it earns. |
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Definition
estimate the amount of time or interest it will take for your savings to double in vaule. |
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earnings that are free of certain taxes. |
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Definition
savings in which taxes on principal and earnings are not due until the funds are withdrawn. |
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rate of yearly earningsfrom an account. |
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Definition
deposit a given amount of money for a set period of time or term |
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Term
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Definition
loaning the goverment money |
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