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Financial Literacy

Common Financial Terms
Horizontales
The number of days, months, or years allowed for repayment or for a return on investment
The "R" in I=PRT
Initial Investment
Twice a Year
The current amount of money in an account
Every day
Interest earned that is not applied to principal
To borrow money
Verticales
Money earned on an investment or additional money paid back on a loan
Yearly
Every 30 days
Annual Percentage Rate
An "easy to get" loan with high repayment terms
Interest that is earned against a balance