Modules 103-104 Review Part 1

Match it! Select the correct answer from the pull down...Good luck!

If Marie invests $100.00 in a savings account that pays 5% interest, it will double in value in

______________ is paid on the principal plus interest earned to date.

An investment is something worth buying because it

If you have $500 worth of assets and $325 in liabilities, your net worth is

______________ is the measure of a person's financial position at a particular point in time.

Boats, houses, fine art, and antiques are considered ____________ assets because they take time to convert into cash.

A _____________ is a liquid asset that many people use to reach short-term goals.

Property assets that have historically increased in value include original works of art by known artists, gold and silver jewelry with precious gemstones, and