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Business Dynamics Chapter 28

Savings planning

AB
savings planPutting money away in a systematic way to help reach a financial goal
investingUsing your savings to earn more money for you
simple interestInterest that is computed only on the amount saved
compound interestInterest computed on the amount saved plus the interest previously earned
yieldThe percentage of interest that will be added to your savings over a period of time
liquidityThe ease with which an investment can be changed into cash without losing any of its value
financial plannerProfessional financial advisor
safetyAssurance that the money you have invested will return to you


Learning Support Teacher
Halifax Area High School
Salt Lake City, UT

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