| A | B |
|---|
| 529 Savings Account | Savings Account for educational expenses |
| Retirement Account | IRS or 401(k) set up for retirement |
| Money Market Account | Checking or Savings Account to hold your money |
| Savings Account | Account that earns interest |
| Certificate of Deposit | Money on deposit for a stated period of time for specific rate of interest |
| Overdraft Protection | Feature that provides line of credit to write checks for more than amount in account |
| Rule of 72 | Estimates how many years it takes for investment to double |
| Compound Interest | Interest added to the principal so that the added interest also earns interest from then on |
| Interest | Paid by borrowers to the depositors that provide their loan, and cost of using money provided by banks |
| Bank Service Charge | Fees incurred for the expenses associated with checking accounts |
