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POB 9.01 Terms

AB
Savingmoney put aside for future use.
Investingputting your money to use in order to make more money.
Savings Accountsimplest form of saving.
Certificate of Depositrequired minimum deposit for a minimum amount of time.
What is the difference between saving and investingInvesting puts your money to work for you.
The three biggest reasons for savingMajor purchases
CDOffers a higher rate than a savings account


Leesville Road High School
Raleigh, NC

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