
PF OBJ 5.01 Vocab

Flashcard
•
Life Skills
•
9th - 12th Grade
•
Hard
Wayground Content
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12 questions
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1.
FLASHCARD QUESTION
Front
Compound Interest
Back
Earning interest on interest
2.
FLASHCARD QUESTION
Front
Consumption
Back
The purchase of goods and services
3.
FLASHCARD QUESTION
Front
Do it yourself
Back
Completing a task yourself instead of hiring someone.
4.
FLASHCARD QUESTION
Front
Emergency savings
Back
Cash set aside for unexpected events.
5.
FLASHCARD QUESTION
Front
Interest
Back
Price paid for using someone else’s money
6.
FLASHCARD QUESTION
Front
Interest rate
Back
Percentage rate to calculate interest
7.
FLASHCARD QUESTION
Front
Liquidity
Back
How quickly and easily assets can be accessed and converted into cash.
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