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

Net worth is calculated by

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

A _____________ is a liability that must be deducted from a person's assets when calculating net worth.

An investment is something worth buying because it

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

Liquid assets are

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

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

An original amount of money deposited in a bank account is known as

_____________ is calculated solely on the amount of the principal.

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

The rule of 72 helps you calculate how long it will take for an investment to

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

According to the ______, the value of a dollar is greater today than the value of any dollar you make in the future.

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