Back to All Flashcards
Card 1 of 13 0%
0Hard
0Learning
0Know It
Question
Loading…
Click to reveal answer
Answer
All 13 Cards
#1
Q: What is compound interest?
A: Interest on principal plus accumulated interest.
#2
Q: What is inflation?
A: Rising prices reducing purchasing power.
#3
Q: What is a credit score?
A: 300–850 rating of creditworthiness.
#4
Q: Rule of 72?
A: 72 ÷ rate = years to double money.
#5
Q: What is an ETF?
A: Exchange-Traded Fund — basket of securities.
#6
Q: Stock vs bond?
A: Stock = equity; bond = debt with interest.
#7
Q: What is diversification?
A: Spreading investments to reduce risk.
#8
Q: What is net worth?
A: Assets minus liabilities.
#9
Q: What is an emergency fund?
A: 3–6 months expenses saved for hardship.
#10
Q: What is APR?
A: Annual Percentage Rate — yearly borrowing cost.
#11
Q: What is a dividend?
A: Company profit payment to shareholders.
#12
Q: What is dollar-cost averaging?
A: Investing fixed amounts regularly regardless of price.
#13
Q: What is a mutual fund?
A: Pooled investment managed professionally across many securities.
Explore All 125 Free Decks