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is a computed only on the priciple or the amount of money originally deposited |
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Definition
is figured on the money deposited plus intrest it earns |
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Term
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Definition
used to estimate the amount of time or intrest it will take for savings to double in value |
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Definition
refers to earnings that are free of certain taxes |
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Term
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Definition
refers to a type of savings in which taxes on principal and/or earnings are not due until the funds are withdrawn |
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Definition
is the rate of apy in effect |
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Term
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Definition
requires you to deposit a given amount of money for a set period of time or term |
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