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| refers to type of savings in which taxes on principal and/or earnings are not due until the funds are withdrawn |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