Gen math Flashcards

1
Q

person who invest money or makes defund front

A

lender or creditor

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Person institution owes the money or avails of the fund from the lender

A

borrower or debtor

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

date on which money is received by the borrower

A

Origin or loan date

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

deep on which the money borrowed or loan is to be completely repaid

A

Repayment, date, or maturity

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Amount of time in years, the money is borrowed or invested length of time between the origin of the maturity date date

A

Time or term 

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

amount of money borrowed or invested, and the origin date

A

Principal

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

annual rate usually in percent change by the lender or rate of increased of the investment

A

rater

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

 Amount paid or end for the use of money

A

interest

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

interest that is computed on the principal, and then added to it

A

Simple interest

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

interest is also computed by the principal. and also on the accumulated past interest

A

compound interest

How well did you know this?
1
Not at all
2
3
4
5
Perfectly