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What is someone’s net worth?
You will owe the balance plus interest, and your available balance will be less that amount
The amount you pay to have health insurance every month.
The value of all of their assets, minus liabilities like loans and other expenses
You will accrue interest debt on the money you are not paying back, which will compound over time
The predicted likelihood of you having an event that will lead to loss or expenses
You earn interest on the original investment, then you earn interest on that amount + the interest you earn
Compound interest gets applied to the original balance plus all accumulated interest.
The highest amount your insurance will pay for a medical expense
What determines your insurance premium?
You will owe the balance plus interest, and your available balance will be less that amount
The amount you pay to have health insurance every month.
The value of all of their assets, minus liabilities like loans and other expenses
You will accrue interest debt on the money you are not paying back, which will compound over time
The predicted likelihood of you having an event that will lead to loss or expenses
You earn interest on the original investment, then you earn interest on that amount + the interest you earn
Compound interest gets applied to the original balance plus all accumulated interest.
The highest amount your insurance will pay for a medical expense
What is an insurance ‘limit’?
You will owe the balance plus interest, and your available balance will be less that amount
The amount you pay to have health insurance every month.
The value of all of their assets, minus liabilities like loans and other expenses
You will accrue interest debt on the money you are not paying back, which will compound over time
The predicted likelihood of you having an event that will lead to loss or expenses
You earn interest on the original investment, then you earn interest on that amount + the interest you earn
Compound interest gets applied to the original balance plus all accumulated interest.
The highest amount your insurance will pay for a medical expense
How can you use compound interest to build wealth?
You will owe the balance plus interest, and your available balance will be less that amount
The amount you pay to have health insurance every month.
The value of all of their assets, minus liabilities like loans and other expenses
You will accrue interest debt on the money you are not paying back, which will compound over time
The predicted likelihood of you having an event that will lead to loss or expenses
You earn interest on the original investment, then you earn interest on that amount + the interest you earn
Compound interest gets applied to the original balance plus all accumulated interest.
The highest amount your insurance will pay for a medical expense
What happens if you don’t pay off your credit card balance by the end of the month?
You will owe the balance plus interest, and your available balance will be less that amount
The amount you pay to have health insurance every month.
The value of all of their assets, minus liabilities like loans and other expenses
You will accrue interest debt on the money you are not paying back, which will compound over time
The predicted likelihood of you having an event that will lead to loss or expenses
You earn interest on the original investment, then you earn interest on that amount + the interest you earn
Compound interest gets applied to the original balance plus all accumulated interest.
The highest amount your insurance will pay for a medical expense
What is an insurance ‘premium’?
You will owe the balance plus interest, and your available balance will be less that amount
The amount you pay to have health insurance every month.
The value of all of their assets, minus liabilities like loans and other expenses
You will accrue interest debt on the money you are not paying back, which will compound over time
The predicted likelihood of you having an event that will lead to loss or expenses
You earn interest on the original investment, then you earn interest on that amount + the interest you earn
Compound interest gets applied to the original balance plus all accumulated interest.
The highest amount your insurance will pay for a medical expense
Why should you avoid making only the minimum payment on your credit card?
You will owe the balance plus interest, and your available balance will be less that amount
The amount you pay to have health insurance every month.
The value of all of their assets, minus liabilities like loans and other expenses
You will accrue interest debt on the money you are not paying back, which will compound over time
The predicted likelihood of you having an event that will lead to loss or expenses
You earn interest on the original investment, then you earn interest on that amount + the interest you earn
Compound interest gets applied to the original balance plus all accumulated interest.
The highest amount your insurance will pay for a medical expense
What is compound interest?
You will owe the balance plus interest, and your available balance will be less that amount
The amount you pay to have health insurance every month.
The value of all of their assets, minus liabilities like loans and other expenses
You will accrue interest debt on the money you are not paying back, which will compound over time
The predicted likelihood of you having an event that will lead to loss or expenses
You earn interest on the original investment, then you earn interest on that amount + the interest you earn
Compound interest gets applied to the original balance plus all accumulated interest.
The highest amount your insurance will pay for a medical expense
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