Term
|
Definition
interest computed only on the principal |
|
|
Term
|
Definition
interest figured on money deposited plus interest |
|
|
Term
|
Definition
a methodused to estimate the amount of time or interest it will take for savings to double in value |
|
|
Term
|
Definition
earnings that are free of certain taxes |
|
|
Term
|
Definition
savings or earnings that are not taxed until the funds are withdrawn. |
|
|
Term
|
Definition
the rate of yearly earnings from an account, including compound interest |
|
|
Term
|
Definition
money deposited for a set period of time that earns a set annual rate of interest. |
|
|
Term
|
Definition
a savings tool that loans money to the u.s government for a specified period of time the bond holder is repaid with interest at the time of maturity |
|
|