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How long it takes your money to double. $1 invested at 10% would take 7.2 years ((72/10) = 7.2)
Rule 72
Reconciling a checking account
Savings and checking accounts
Pay a Penalty
Compound Interest
Time value of money
Money orders
Discretionary income
money left after paying basic living expenses like food, clothing, shelter
Rule 72
Reconciling a checking account
Savings and checking accounts
Pay a Penalty
Compound Interest
Time value of money
Money orders
Discretionary income
interest earned on interest,, Interest earned on both the principal amount and any interest already earned.
Rule 72
Reconciling a checking account
Savings and checking accounts
Pay a Penalty
Compound Interest
Time value of money
Money orders
Discretionary income
a purchased certificate used to pay a specified amount of money to a particular payee
Rule 72
Reconciling a checking account
Savings and checking accounts
Pay a Penalty
Compound Interest
Time value of money
Money orders
Discretionary income
Balancing your records with the banks records is called
Rule 72
Reconciling a checking account
Savings and checking accounts
Pay a Penalty
Compound Interest
Time value of money
Money orders
Discretionary income
CD: what happens if you cash it before maturity
Rule 72
Reconciling a checking account
Savings and checking accounts
Pay a Penalty
Compound Interest
Time value of money
Money orders
Discretionary income
what products are liquid
Rule 72
Reconciling a checking account
Savings and checking accounts
Pay a Penalty
Compound Interest
Time value of money
Money orders
Discretionary income
the principle that a dollar received today is worth more than a dollar received in the future
Rule 72
Reconciling a checking account
Savings and checking accounts
Pay a Penalty
Compound Interest
Time value of money
Money orders
Discretionary income
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