| A | B |
|---|
| accumulate | collect; accrue |
| annuity | a series of equal, regular deposits |
| future value | the amount your original deposit will be worth (at a specific rate, for a specific time) |
| interest | the price that is paid for the use of another's money |
| liquidity | the ability to easily convert financial assets into cash without a loss in value |
| present value | the amount of money you would need to deposit now in order to have a desired amount in the future |
| principal | the original amount of money on deposit |
| time value of money | the increase of an amount of money due to earned interest or dividends |
| compound interest | when interest is added back into the principal. . .money keeps growing over time |
| Rule of 72 | to determine how long it will take to double your money, divide the interest rate into 72 |
| inflation | a rise in prices over time |
